It’s official. Nintendo will have a 
new home console in stores next year.
The company confirmed the rumors Monday morning, saying it would have a playable version on display at this year’s E3 trade show in June. That’s also when the company plans to announce details on what will make the unnamed system notably different from its predecessor and competing systems.
Most companies ignore the rumor mill – 
sometimes to the point of it being embarrassing. Nintendo, however, is willing to admit when its secrets are spilled.
The company has confirmed the rumors that it plans to unveil a successor to the Wii at this year’s E3 (the annual trade show of the video game industry). The new system will be out in 2012.
Faced with rapidly declining sales and a less 
enthusiastic than expected reception to its newest handheld gaming device, Nintendo has confirmed that it will be releasing a successor to the Wii in 2012.
A prototype of the new device, which has been rumored for the past several weeks, will be unveiled at E3, the video game industry’s annual trade show in June.
While the Xbox 360 and PlayStation 3 
were born with 10-year life cycles in mind, the Wii hit the market with a much shorter projected lifespan.
With no support for high-definition graphics and shaky online multiplayer functionality, everyone including Nintendo knew the Wii would show its age first and would probably be the first console in need of an update.
Now there’s growing talk that the company could announce its successor as early as June.
The Wii has never been the 
workhorse console of this generation.
To keep it affordable and attractive to a mass market audience, Nintendo eschewed high definition graphics and, for the most part, online play when it was introduced. Five years later, though, it’s showing its age. And if online reports are to be believed, the company is ready to pull the curtain back on its next console system.
Chris Morris: Journalist 