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Hiku said:

Yeah, like I always said, even in the "Would you like to go on record" thread, a 2016 release, including up until March 2017 at the latest.

Still surprised that they would miss the holiday window though, as that seemed like a more likely target.

TruckOSaurus said:

Dear God NO! This means we still have months and months of speculation ahead of us. I'm not sure I can take it.

They also said that DS won't replace GBA.
This probably just means that it will be a new concept.

 

That tweet is misleading as this is the quote.

 

“At this current stage, I’m not able to say. However, it’s not merely the successor to the handheld 3DS or stationary console Wii U. This will be hardware that’s been made with a new way of thinking. I’d like to announce more particulars regarding its specs and how it works another time this year.”

 

Their President essentially said what Iwata did in that it's not just a simple replacement, he hasn't said it's not replacing the said platforms.