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Nintendo president Satoru Iwata has told investors that the recently announced successor (see below for original story to the immensely popular Nintendo Wii will “offer a new way of playing games within the home.”

The Nintendo president echoed familar sentiments of patience, as he didn’t elude to just how the successor to the Wii would change the experience of gaming at home, as all would be revealed at E3 2011.

“As for the details of exactly what it will be, we have decided that it is best to let people experience it for themselves at E3. So I won’t talk about specific details today, but it will offer a new way of playing games within the home.”

Original Story: Confirmed: Wii 2 to be announced and playable at E3

Well, these last few weeks have been abuzz with all sorts of rumours and speculations with regards to the next generation console from Nintendo, after the initial rumours of it’s existence were slipped. In fact, there have been so many, for all we know the next Nintendo console could be a flying dragon (Ok, that’s a little far fetched but you get the idea). Nintendo have at least eased the Nintendo fan base a little by sending out a press release that not only confirms the existence of a successor to the Wii, but says it will be playable at this years up and coming E3 2011. When it will be released though, like many things, remains a mystery. @jimreilly seems to think it will be after March next year based on this tweet.

Here’s the press release:

Nintendo Co. Ltd. has decided to launch in 2012  a system to succeed Wii, which the company has sold 86.01 million units on a consolidated shipment basis between its launch in 2006 and the end of March 2011.

We will show a playable model of the new system and announce more specifications at the E3 Expo, which will be held  June 7-9, 2011 in Los Angeles.

Sales of the new system have not been included in the financial forecasts announced today for the fiscal term ending March 2012.

With a new hand-held system only just recently released and a new console on the way, it sure is an exciting time for Nintendo fans. A few, glaring and big questions remain unanswered for now.

Release source: here