UPDATE ONE: Wedbush Securities analyst, Michael Pachter is sticking to his original Nintendo NX release date estimates and has warned fans that he still predicts a 2017 launch.

“I’ve no idea what that thing is going to be,” Pachter said, when we asked him about the NX," he told Gamingbolt.

“I don’t think it’s coming out this year- Nintendo’s practice has been to show things a year, year and a half before they come out, so… I think they’ll show it at this E3, and I think it’ll come out next year. It might not come out in November, it might come out in March…

Recent reports suggest that the new gaming platform will arrive this year with an array of new handheld tech, not something that Pachter believes is very forward thinking given Nintendo's track-record.

“You know, it’s sounding an awful lot like it’s a handheld and console hybrid, where you have a handheld and you do some stuff on it, and the console will be like an Apple TV or something, and you can pull games down from that,” he added.

“I’m not really sure. I would say based on Nintendo’s recent history, it is not going to be very good. I know they are pretty excited about it, but I would say it’s a backward looking technology."