Nintendo has stopped spreading rumors that at E3 will be presented a new gaming device, though the company did not deny that it develops a new device. According to the head of Nintendo, mysterious console will be released before the end of the current fiscal year, which ends in March 2015.
Satoru Iwata , executive director of Nintendo, the new console and related games will be focused on consumers with lower incomes than in developed countries. While Nintendo is going to release the console Wii U and 3DS in emerging markets.
Iwata did not share details on the equipment console and did not specify which countries would be focused device. Apparently, the main focus will be on China - the importance of China market Iwata repeatedly emphasized.