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As other people have said already, I imagine the NX name is probably for both the next handheld and console and not just one of them.

If both Nintendo's handheld and console will work together the way the rumors are saying they are then I imagine that they will probably reveal the new handheld first and then the console later on. Or they'll announced them both at the same time like before.

I just hope Nintendo uses this as a fresh start and not make the same mistakes they did with the Wii U. Have a completely new name away from the Wii brand, call it Fusion if they want it to, and just make sure it's at least powerful enough to where it's easy to port games from the PS5 and next Xbox console to the Nintendo Fusion. They also need to make sure that they can regain good third party support.

I wouldn't be surprised if the new handheld launches in 2016 and the new console launches in 2017.

The concept itself sounds really great, but as long as they can pull it off well.