Video game players will see a new console from Nintendo in 2012.

The company confirmed they plan on launching a successor to the Wii in a statement as part of their full-year financial earnings report.

Nintendo says they will show a playable model of the console in June during the Electronic Entertainment Expo in Los Angeles.

The company has not confirmed any specific console details. Initial reports have claimed the device will support high-definition games as well as a controller with built-in touchscreen.

Last week, IGN reported the console would be similar in size to the original Xbox 360 and cost $350-$400.

Nintendo's Wii has dominated the current console cycle since launching in 2006, with sales topping 86 million worldwide. Nintendo also revealed titles Wii Sports, Wii Play, Wii Sports Resort, Mario Kart Wii, Wii Fit and New Super Mario Bros. all crossed the 20 million sales mark.

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