At its E3 2011 press conference moments ago, Nintendo revealed the name of it's next home console. The device will be called the Nintendo Wii U. It will be available "next year."
According to Nintendo head Saturo Iwata, the idea of the new console is to make a game platform that is equally satisfying to both hardcore and casual players. Iwata boiled it down to two words: "Deeper and Wider."
Nintendo also revealed the WiiU's new controller, with built in screen, which seems like the system's most innovative feature.
It's backwards compatible, and compatible with other Nintendo devices like the Balance Board. Contains a touch-screen, microphone, gyroscope, and backwards facing camera.
"It was not designed to be a portable video game system," according to Iwata. "The images on the controller are generated by WiiU and transmitted wirelessly," Iwata explains. Although WiiU can be used without a TV, with the monitor built into the controller.
"It's a new structure for home entertainment," Iwata said.