News Nintendo to announce 'new game product' in spring

From The Register:

Nintendo will reveal details of a "new game product" in spring next year, president Satoru Iwata has told a Japanese news conference while discussing the Kyoto-based firm's ongoing business strategy.

This would tie in with what he told Reuters earlier this year about launching a next-generation console in 2005 or 2006, and perhaps even with recent development rumours that suggested the console could be ready by spring 2005.

However it is possible that this is not the mythical N5 console at all, and in fact some other form of device. The fact that Iwata-san has spoken of a "successor to GameCube" in the past and reportedly did not do so on this occasion could be significant.

More here