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Who knows what Nintendo could do, they could do something crazy, but I predict ...

NX is a mobile console (a new concept), a little bit like a mini-laptop but a bit thicker.

Uses a 14nm custom FinFET AMD GPU similar to a Polaris 11 GPU. Has some architectural similarities to the Wii U, so ports from Wii U to NX are relatively easy. Ports from PS4/PC are also easy.

Has 2 TFLOP power (games run at 720p-1080p) when plugged into the wall (16 compute units), will downscale to 1 TFLOP (8 compute units) for "portable mode" (games run at 540-720p). Developers have to ensure their games run on both of these modes. Can stream to local TVs, tablets, phones, and PCs.

A Supplemental Compute Device (SCD) will be available later which doubles to GPU power to 4 TFLOP (32 compute units total), this is entirely optional however. As such, system will never be outdated, because Nintendo can release new SCDs to keep pace with whatever Sony/MS do. System is designed to have a library that continues on for a long time (like STEAM ecosystem).

Has a new type of "Morphing" Controller, a free form LCD display with swappable transparent plastic face plates that allow for different types of physical controls. Ships with a traditional controller style face plate but also a new type of non-traditional wacky/crazy style face plate.

Will ship with a free Amiibo + Amiibo starter game, $299.99-$349.99 MSRP, March 2017 release date, Legend of Zelda day 1, Pikmin 4 not long after.