Nintendo NX to be revealed at E3 2016?

Nintendo NX

Nintendo could unveil their new console around June 2016 and launch worldwide by holiday season 2016. That’s according to Junko Yamamura, the analyst at Nomura Securities.

Well, E3 takes place in June 2016. So, could Nintendo be revealing their new hybrid console at this year’s E3? We don’t know yet. But before all, Yamamura believes that fans can hope for a concept reveal of Nintendo NX around March-May 2016.

“We think the NX will start to boost operating profits in 18/3 when it will have been on the market for a full year and will have a line-up of software titles, which carry high operating margins,” said Yamamura to an investor.

He also changed his thoughts on NX’s impact on existing Nintendo consoles 3DS and Wii U and stated:

We had previously thought that the NX launch would have only a limited impact on 3DS and Wii U sales as it is not being positioned as a successor to either console, but we have now altered our view because 3DS sales have been weakening a little recently, particularly in terms of software, as the machine enters its sixth year, and to factor in a harsher competitive climate and what happened to other existing consoles when new machines were launched in the past.

We still expect the NX to launch in 17/3. We have lowered our estimates for current consoles to reflect the present situation, fiercer competition, and what has happened in the past when new hardware is announced… We have reduced our operating profit forecasts for 16/3 by 5.7% and for 17/3–21/3 by 30.0–32.7%.

When do you think it will be revealed? Do you think it stands a chance against its well established counterparts? Share your thoughts in the comments.