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Nintendo MH release, update: Rumored portable console Nintendo MH is only a vision, says expert

| May 27, 2016 01:56 PM EDT

One of the many concept renders of the Nintendo NX controller

It was just recently confirmed that Nintendo is going to release a portable console named Nintendo NX, which is expected to be available on March 2017. Now, rumors are surfacing that the tech giant company is also planning to release another portable console - the Nintendo MH.

According to Gadgets 360, , an investor from Mitsubishi UFJ, Morgan Stanley, may have revealed that the NX is only the beginning of it all, and that the next generation of the console will be named as Nintendo MH. It was also noted that MH may stand for Monster Hunter, which was said to be among the top performing games in Nintendo 3DS.

Meanwhile, the same publication also cited the insights of an expert in the industry, Dr. Serkan Toto, who happens to be the CEO of Katan Games. The expert said on twitter that Stanley's statement was merely a vision of what may happen next. This could mean that the said Nintendo MH may have not been planned or developed at all. Toto emphasized that the investor did not confirm anything about the rumored MH.

On the other hand, according to PC Advisor, the awaited Nintendo NX will not be unveiled in the upcoming Electronic Entertainment Expo (E3) next month, but details about the console was said to be made available in the later part of the year.

The same report did also reveal a possible price for the NX, and that it may cost of about £200 - £300 or about US$300 - US$440 dollars. The report cited that the CEO of Nintendo Tatsumi Kimishima revealed that they have learned from the loss they had from selling the Wii U console at an affordable rate, knowing that Yen was strong during that period. It was also revealed that Nintendo NX will be quite similar to PS4 in terms of functionality. With that said, reports say that the portable console is not going to have a cheap price tag.

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