Rumor: Nintendo Will Unveil Its Next Console In E3

The internet is abound with rumors that Nintendo is ready to unveil its next console during this year's E3 in June.

If the rumors are to be trusted, the new console will offer graphical power comparable to that of Microsoft's Xbox 360 and Sony's PlayStation 3.

Needless to say, the new console is fully compatible with Wii's games and will be able to run (new games) at full HD resolution.

This move is very reasonable for Nintendo who has just lost its innovative edge with the release of Microsoft's Kinect and Sony's PlayStation Move which matched the Wii in motion control while offering noticeably superior graphics.

The new console is expected to launch late in 2012.

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