After months of speculation, Nintendo has confirmed that its mysterious console, codenamed NX, won't see the light of day in 2016 after all. The news was delivered alongside the company's latest financial results, while a little more information about the much anticipated new Legend of Zelda game was also revealed.

We've been speculating about the NX for months. After fake controller leaks, and plenty of rumors suggesting that the system will be a console/handheld hybrid, Nintendo has finally broken its silence. There's still no word on what the machine will be capable of, or what it'll look like, but we do know when it'll arrive, with a global launch set for March 2017.

The other big announcement for Nintendo fans relates to the upcoming Legend of Zelda game, which the company has been previewing for the Wii U for years. The good news is that it's still coming to the company's current home console, but will also hit simultaneously on the NX. We've seen this strategy from Nintendo before, with The Legend of Zelda: Twilight Princess launching on both the Gamecube and Wii back in 2006.

Unfortunately, that means yet another delay for the title, which is now set to hit shelves in March next year. According to the company, the game will be the focus of its press event at E3 2016 in June.

Lastly, the company provided an update on its smartphone strategy. Its first ever smartphone effort – Miitomo – launched earlier this year, and now has more than 10 million users globally. If you were a fan of that experience, then you'll be happy to learn that Nintendo has plans to bring its popular Animal Crossing and Fire Emblem franchises to smartphones as well.

Sources: Nintendo, Twitter

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