Nintendo president has promised that the U will be out in he main world territories this year.

Iwata revealed to investors in their latest financial report that the will be out in the US, Europe, and in time for Christmas.

Since last year's reveal at E3 rumours have placed the power of the Wii U somewhere between 2 and six times that of the and also placed questions over how many of the tablet controllers the machine will actually support.

All the details will be revealed when brings the finished Wii U to this year's E3 in Los Angeles this coming June.

Thanks GamesIndustry.biz.

By Ewan Aiton