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They specifically stated it is a home console and while that can be ''interpreted'' there are a lot of rumors of which 90% of are completely baseless, yet there are some that have interesting parts to them

Fusion: No, a lot of people insist this would resolve nintendo's ''software'' problem, mitigating the ''dry'' periods because their studios would be less spread in developing things for different platforms; Now why not? simple, this is the least of nintendo's problems, there are bigger things that should be bothering them, they are bothering us videogame fans, and i don't want to insult anyone's intelligence by explaining them.

QoL: No, the late Mr. Iwata specifically stated QoL has nothing to do with videogames, there has been some patent sheets QoL related flying around the net and some people are saying they must ''be the NX'', baseless, lifeless, hypeless, don't even know where this rumor comes from.

Othe platforms: No, nintendo has made it clear they want people to percieve them as a video games, specifically, a console manufacturer and that is what NX embodies.

Something else: No, because Stone Cold said so.

NX is a home console for sure, and while it is not a hybrid (wouldn't it be weird to have a console run on part fossil fuel? )it may very well be both a handheld and a home console, that's what im most inclined to, a handheld (coming first?) and a home console coming shortly after that share the same platform, maybe some software but that's it, no ''fusion'' ''docking'' or ''combining'' in any way shape or form, just two separated devices that are similar enough to share a codename, but not to the point most people seem inclined to think.