As part of its financial update today, Nintendo formally addressed the rumors of its next console, currently rumored to be code-named "Project Cafe." The new machine is indeed official -- and it's coming in 2012.
According to Nintendo's statement, the unnamed Wii successor will be revealed at this year's E3 show in June, where it will also be playable.
But outside of confirming its existence and appearance at E3, Nintendo is keeping quiet on other details. Previous reports of the system's horsepower (it's said to be more powerful than an Xbox 360 or PS3), or its two controller types -- a standard Wii-like motion controller and a touchscreen-equipped controller with a camera, eight buttons, and two analog sticks -- remain unconfirmed at this point.
Thankfully, E3 is right around the corner, so expect plenty more on the new Nintendo console shortly.