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Soundwave said:

I think one of the NX models or maybe the intial model itself is going to be a mobile console. Look at what AMD says about the Polaris 14nm architecture:

Polaris, at least the initial ones, will be aimed at laptops and low-power consumption tasks. AMD said it should enable performance-levels in thin-and-light laptops that have been unheard of before.

That sounds like something that could function in maybe not a DS-type handheld (maybe this is why Nintendo is keeping the 3DS around longer), but a mobile console or tablet sized device?

EDIT: More from AMD

"This advancement has led AMD to see Polaris enabling "incredible form factors", teasing that "this is just the beginning" with performance per watt optimizations to continue."

AMD is claiming the Polaris 11 allows for console-quality graphics (likely referencing the PS4 here) in ultra thin lap top designs.

http://www.tweaktown.com/articles/7496/amds-next-gen-polaris-gpu-architecture-unveiled-arrives-mid-2016/index4.html

Well I mean in terms of actual volume, the Wii U tablet is actually larger than many thin laptops. So imagine a console the size of a Wii U tablet (sexier looking hopefully) that you can just pick up and move around the house or take outside of the house. You can buy a battery pack for it and it's a portable "game station". It can stream not only to nearby TVs but perhaps also to tablets or phones.

When you bring it home you can dock it to a home dock (supplemental compute device) that increases performance even further. Does that sound like a "new concept"? Can't do that with your PS4. It wouldn't be earth shattering per se like the Wiimote was but it's something new at least.

Something like this is looking likely IMO.

Nintendo have spoke about a whole "new concept" yet I don't think they mean a controller gimmick. Their wording isn't specific to gameplay like it has been in the past regarding the Wii/Wii U and literally every rumour has suggested a touch screen controller which is not "new". I think the "new" concept will be the evolving platform.

A fairly large handheld (Bigger has proven better in sales-3DS XL) that can approach X1 specs when docked. A dock which can be interchanged or equiped with a more powerfull supplementary box, with something just below X1 specs (1TFLOP) being the starting point (NX+default dock) and something slightly (50%) above PS4 being upper range at launch (NX+premium dock). Even at base specs the CPU will be a tad stronger than both PS4/X1, so developers can just worry about scalling for graphics (Resolution, textures, Aliasing).

We simply can't ignore the fact that we haven't recieved a single drop of info about a potential Handheld when the 3DS is due a replacement. 

As much as I want a dedicated 6TFLOP system for $399. Nintendo are likely not doing that.The easiest way to secure third party support is to have a system with a big userbase (Garunteed for a Nintendo handheld) and specs in line o above with current home consoles. Since the generation is still a while off finishing, matching X1 as the minimum specs is a good enough starting place and should be affordable. Outpacing the PS4 by a lot is mostly pointless for the next few years (most PC games on Ultra only look marginally better) unless that power is going towards resolutions above 1080p (a waste IMO)