Nintendo Co. is advising game publishers that its next-generation console will be delayed until the early months of 2025, according to people with knowledge of the matter.
Reports were saying the Switch was coming q4 2024, but now Nintendo is reportedly telling its partners that it's been pushed to q1 2025
There's been a good amount of evidence they're working on it. Then some rumors of a dev kit being shown to publishers. And then the distinct slowdown of releases and announcements of major Nintendo IPs. So likely the plan was to announce the new console in the spring or summer for a winter/Christmas release.
They always start working on the next console as soon as one nears completion and release. It's just a question of how far along with the plans they are. If they have an approximate quarter then the hardware is probably mostly ready
I feel like it was the past month or two? There's supposed to be a Nintendo direct soon which might tell us more. Lots of speculation as of now. Only thing that I've read is that it won't have an oled screen