Following speculative comments from analysts reported earlier today, Game Informer has stepped up citing 'multiple sources' that claim Nintendo will indeed announce a new console this summer.
According to these anonymous sources, Nintendo is preparing to make the announcement at E3 in June 'if not sooner'. They also claim it will be a HD console comparable in power to Xbox 360 and PS3, although GI notes that it's unclear if it'll surpass or fall short of those consoles in terms of processing power.
According to the report, the system is headed for a late 2012 release, but Nintendo is already showing the console to third-party firms in an extra effort to drum up interest and offer plenty of time for development of launch games.
"Nintendo is doing this one right," GI quotes one source as saying, in regards to its support of third party firms on the new machine after being criticised for its lacking support of third parties with Wii and DS.
"[It's] not a gimmick like the Wii," they also added, although they shared no further information on any other features - whether it will be backwards compatible with Wii games, how it will support online and, crucially, how its controller will work.
Elsewhere, Kotaku says it's "heard" the new Nintendo console will be more powerful than the current-gen systems.
Nintendo has issued 'no comment' statements in regards to the rumours, although it apparently signed off an email to GI with "Stay tuned".