Check Out This New 'Nintendo Switch Anytime, Anywhere' Trailer

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The confirmation follows speculation a year ago that a version was in the works for the hit home/handheld console.

"Up until now", Miyamoto recently told investors, "the hardware lifecycle has trended at around five or six years, but it would be very interesting if we could prolong that life cycle, and I think you should be looking forward to that".

Meanwhile, Nintendo's managing executive director Shinya Takahashi mentioned one of the biggest challenges they will be facing in expanding the console's reach. Part of that success may be attributed to the fact that the console already has a huge library of available games, which is something the Wii U sorely lacked.

Check Out This New 'Nintendo Switch Anytime, Anywhere' Trailer

That issue when paired with the control scheme and always-online requirement is probably part of the overall decision not to bring HearthStone to Nintendo Switch. In the mid-term, that's good news for the Switch's longevity, especially when coupled with the quality of first-party releases Nintendo has released so far.

While this is great but, we might not see any new Nintendo console for a while, however, Nintendo might slightly improve the hybrid console down the line like the Nintendo 3DS XL. Due to Nintendo's involvement, the game had to be a Wii U exclusive since Nintendo wouldn't want to a fund game on its competitor's consoles. One of the main selling points is having the ability to play in the comfort of your own home but also having the option to go handheld and take the Switch with you out and about.

Nintendo's latest console has been very successful for Nintendo and according to the company, they intend to support it longer than the traditional console cycle. Bayonetta 2 is available on the Nintendo Wii U. Furthermore, instead of the common scenario wherein a family owns a single console and shares it with the group, the firm ideally wants each individual to have their own unit. "Expanding the Nintendo Switch world this way is a means of eliminating risk".

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