Nintendo is set to unveil more details about its upcoming hybrid console, the Nintendo Switch, in an event planned for Jan. 12, 2017.

In the Nintendo Switch Presentation 2017, the company said that it will be revealing the specific launch date of the device, along with its price. It seems that gamers looking forward to knowing more about the Nintendo Switch will not have to wait any further though, if the rumors are true.

Nintendo Switch Release Date

According to a tweet by freelance video game writer Laura Kate Dale, who claims to have a source in the industry, the planned release date for the Nintendo Switch in the PAL region is March 17, coinciding with Nintendo's statements that the hybrid console will be released in March of next year.

The PAL region is made up of New Zealand, Australia and Europe. The NTSC region, meanwhile, is made up of the United States, Canada and the Middle East, among others.

Dale added that the Nintendo Switch will release for the rest of the world within that same week on different dates. If what she states is true, the likely release date for the Nintendo Switch in the United States will be March 12, considering the fact that the previous consoles of the company, the Wii and the Wii U, were launched on Sundays.

Dale previously revealed information about the announcement video for the Nintendo Switch before it was public, so she and her source do have credibility. Gamers looking forward to the console might want to circle the date on their calendar with a pencil though.

Nintendo Switch Price

One of the more highly anticipated details regarding the Nintendo Switch is its price, as that will help determine whether it will be able to compete with Sony's PlayStation 4 and Microsoft's Xbox One. If a rumored price turns out to be true, Nintendo could very well be able to bring itself back to relevance in the industry it once dominated.

According to a report, the basic bundle for the Nintendo Switch will come with a price tag of only $260, below the initially expected price tag of between $300 and $350. There will also be a $300 bundle featuring the new Super Mario game for the console and a $340 bundle featuring a new Zelda game, assumed to be The Legend of Zelda: Breath of the Wild, along with the Pro Controller.

The rumored price does not look as credible as the rumored release date for the Nintendo Switch, with Redditors saying that $260 for the basic bundle is too good to be true. That just goes to show that if Nintendo does release the hybrid console at this price, it can expect huge demand for the Nintendo Switch.

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