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K. This is mostly my wishful thinking, I really don't know where Nintendo is going to go with it.

Launch 2017. I simply don't believe they're going to launch a new console right in the heat of 8th gen, i.e 2016. That'd be suicide not only because PS4 and X1 will be peaking but also because many Wii U owners will not be ready to buy a whole Nintendo system as the majority were bought in the last 16months.

Specs. So lets say (and I hope), Nintendo go for the core market. They'll release something roughly 3x the PS4, using AMDs future x86 Zen architecture on a 14nm chip, 8GB of HBM RAM, 4-5Teraflop GPU.

In fall 2017 I think this would translate into $399 at launch, more or less break even and profiting on software from day 1. The price is pretty high by Nintendo standards but this will work with their rebranding for a more cutting edge product, highly desired by everyone. Their fans are loyal and will certainly pay that money if the launch line up is strong. Beyond that, Nintendo fans who actually have broad tastes and normally would wait to buy their systems as a cheap secondary purchase will get it as the primary system. The specs will allow superior performance of current gen games and be ready for next gen, third parties will jump at the opportunity to have their games play on a console as they do on PC come 2017 and will support Nintendo whole heartedly. And successful launch from due to appealing to avid gamers will spiral into mass media acceptance and it'll sell 40-60m LT :p