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It needs to

1.) Be innovative/different from PS4/XB1. That's where Nintendo's R&D needs to earn their pay. Semi-Mobile console with some kind of a new feature that causes people to gather around it might be the ticket.

2.) Be powerful though so it can handle traditional games and generate licensing fee revenue for Nintendo (otherwise there's little/no point to all the investment necessary for making your own platform, might as well be a third party). It can't be another Wii/Wii U which were badly underpowered and Nintendo needs to make intelligent hardware choices, you can have a powerful system without breaking the bank, Sony has proven it and Nintendo has access to the same exact tech partner in AMD.

3.) Allow for very easy/cheap porting so that third parties will port games even if the NX versions sell much less than PS4/XB1.