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So, it seems I was right - NX to release in 2017.

AnthonyW86 said:
It's great that we finally got a date but...missing the holidays? Holiday 2016 is going to be terrible for them.                                     

Not if they handle it just right.

Wii U is selling about the same this year as it was last year. And last year didn't have a Zelda title to drive sales.

If they're waiting until March 2017 to release NX, that suggests they have titles on the way to the Wii U that they haven't announced. There's also good reason to think that NX will change something relative to Wii U that makes some games unsuitable for release on NX - such titles would serve as a significant driver for Wii U purchase (and would explain why Nintendo says they'll keep supporting the Wii U).

Basically, it all comes down to the details that we don't yet know. But it's fair to assume that Nintendo made a conscious decision to release it in 2017 and not 2016 - it's not like they couldn't have pushed to have everything ready 3 months earlier. Nintendo have been at this for a long time, they know the benefit of holiday releases. So we can be pretty damn sure there's something more they haven't yet announced. Whether it'll be enough is the question, but it's too early to dismiss it.