( Mashable ) -- Nintendo could be revealing a HD successor to the Wii console this summer , according to new reports . There has n't been a new gaming console since the launch of the Wii and PlayStation 3 in November 2006 . However , Microsoft has breathed new life into its console , the Xbox 360 , thanks to the Kinect . The Wii , which has been best the best-selling console for years , is about to lose its first place position . While Nintendo intends to respond to the Xbox threat by cutting the Wii 's price next month , it looks like the gaming company has another trick up its sleeve : a brand new HD console . According to Game Informer 's sources , Nintendo plans to unveil a new console at the E3 conference in Los Angeles in June or potentially sooner . Very little is known about the rumored console , not even the name ( Wii 2 ? Wii HD ? Wii 360 ? ) , but it 's likely to be more powerful than the Xbox 360 or the PlayStation 3 , according to Kotaku . Nintendo has apparently been showing off the system to third-party developers so they can prepare titles for the console 's eventual launch in late 2012 . The Wii captured the hearts and minds of casual gamers with its innovative controller system and its lower price point , but the specs and visuals of its rival consoles are far stronger , giving them greater longevity . Microsoft has also mitigated the Wii 's advantage with causal gamers , thanks to Kinect . Perhaps that 's what is driving Nintendo 's rumored decision to be first on the market with a new console . © 2011 MASHABLE.com . All rights reserved .
The Wii has been best the best - selling console for years . Nintendo plans to respond to the Xbox threat by cutting the console 's price next year . Nintendo is also planning to soon release a brand new Wii console .