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Maybe a single handheld that has a small, wireless box you connect to the TV and optionally stream HD video to it as a second screen. (Think a far more portable Wii U gamepad with all the processing power on the gamepad side instead of the console side ... or a beefier version that 1DS they were previously showing off as a joke)I would no think they would make another handheld as the 3ds is doing fine (tho the numbers were less then expected thy still profited), as for a home console, I suppose it is possible, but i doubt it. And they prob would have discontinued the wii u by now if they had it planned. Also I would be shocked if they were not working on the next home and handheld console, it takes years before they actually go into production you know.
That's what I think when I hear the name "Nintendo Fusion", at least ... a fusion of home and portable consoles.
Actually, not sure why this reminds me of this fact but (off topic) Nintendo really needs to make a 3DS Player accessory for the Wii U.