New console will replace Wii, could be called 'Stream'
(NEWSER) - Nintendo will follow up its popular Wii with a new console system next year, the company announced today. The new system, which IGN notes is codenamed Project Cafe AKA Wii 2, will be showcased at Los Angeles's E3 Expo in June. The announcement comes as Nintendo reported sagging earnings and sales, AFP notes. Despite the Wii's popularity, sales have been declining as Nintendo faces increased competition from other console systems as well as iPhones and iPads. More»