Well, there are several things are confusing about Switch. We see a trailer with a 70% on the go device, but Nintendo says "primary and foremost a home console". New pokemon entry for 3DS by the time switch was first planned to release, the home console games on the trailers and the continum support of 3DS also indicates that switch is a home console and will have mostly home console experiences. For a while.
So, I tryied to speculate about a possible handheld switch.
-Is basically a smaller switch(no bigger than Vita) without a dock (and probable dock performance improvments), runs all home switch games(with on the go performance).
-No TV output. It is focused to be a handheld. Better battery life due better technology and smaller screen.
-Still the switch phylosofy: but instead TV and 'on the go', now switch between horizontal and vertical screen, just putting the joy-cons on the specific side of the screen.
-In vertical screen mode, runs DS and 3DS games, and works like a 2DS. (also, have a slot for the cartridges).
-Some mobile touchscreen ports, that will no run on home switch.(touch screen games mostly)
-Smaller joy-con, and all of home switch's multiplayer capabilities.
-2018 relase(probably on holidays). Together with pokemon eclipse. But the 3DS's version.(no specific switch version)
-Release price 100$ cheaper than home switch release price.
-2019 release of the glorious HD 8th generation of pokemon.(playable in both switches, of course).
-Home and handheld switches will outsell wii U+3DS combined. Probably, more than 100M combined.
Pretty easy predictions, but I havent seen any one put all that together.