Earlier in the week, a rumor popped up on NeoGAF regarding Nintendo’s next piece of hardware. Now, you never know who the people commenting on NeoGAF actually are, so anybody can say anything, but this massive videogame forum has a history of being the source of leaks and rumors that were later seen true.

The commenter said:

“Almost certainly off-topic, but I don’t quite want to make a new thread, because it would go to shit quickly. Also, I’d need to post a source, and I don’t really want to get people in trouble. Anyway, Nintendo apparently started working on a new platform in early 2013 and has already selected a vendor for the SoC [system on a chip] after talking to several potential candidates. The SoC might be based on an existing design, but will be changed to fit Nintendo’s requirements. I assume it’s for their next handheld, though.”

I seriously doubt Nintendo is preparing to throw in the towel on Wii U just yet, although a humbling financial report just came out today that has President and CEO Satoru Iwata considering a new business model. In a news conference this morning, Iwata stated, “The way people use their time, their lifestyles, who they are — have changed. If we stay in one place, we will become outdated.” Continue reading →