Rumors have been coming hard and fast of a Wii successor, and now Nintendo has publicly acknowledged its existence. A fiscal report by the company included a note that their next home console will release in 2012 with a public revelation at E3 2011.
This comes at a time when the company’s operating income dropped over 50 percent and their net income dropped two-thirds for the fiscal year ending March 31, 2011. The Wii was blamed for the company’s fiscal woes, selling 15.1 million or a 25 percent drop over the previous fiscal year.
Meanwhile, the 3DS saw hardware sales of 3.61 million units, slightly below the company’s original forecast of 4 million.
