Nintendo has confirmed that a new game system is coming sometime in 2012. The company also said that the new home console system will be playable at this year's E3. Nintendo made the announcement as part of its release of financial information for the fiscal year ended March 31, 2011. The first public display of the console will happen at its press conference during the E3 trade show, taking place June 7 – 9 in Los Angeles. Further details about the system - including graphics and CPU details were not revealed.
On a related note, Nintendo announced that the 3DS handheld has sold more than 3.61 million units, a lot less than the 4 million units that Nintendo predicted would sell prior to launch. Looking ahead, the company says it expects to sell 16 million 3DS units in the coming fiscal year ending March 2012.