In the midst of today’s huge news about Nintendo’s partnership with DeNa and their move to mobile gaming on smart devices (we will get to that news later!), Nintendo President Satoru Iwata assured consumers that while Nintendo is pursuing this brand new avenue, they are not abandoning their game platform business. In a statement, Iwata re-iterated that this new spectrum that Nintendo is venturing into has actually given them more drive and more purpose than ever before when it comes to dedicated gaming platforms, and that they are currently working on a new system codenamed “NX”.

“As proof that Nintendo maintains strong enthusiasm for the dedicated game system business, let me confirm that Nintendo is currently developing a dedicated game platform with a brand-new concept under the development codename “NX.””

While it is too early for Nintendo to go into any further detail, Iwata says that they will hopefully elaborate more on the system next year. With the Wii U finally hitting its stride and turning in some very high-quality software, how far off is the “NX” — or rather, how far off should it be until it releases, if it is indeed Nintendo’s next home console?