Is Nintendo Planning a Switch Successor?

Nintendo's recent Direct showcased more re-releases and remasters, with only two first-party titles aimed at the family audience. This may indicate that the company is holding back its juiciest titles for an imminent successor to the Nintendo Switch. Rumors of a new console have been circulating for years, and recent comments from Ubisoft's CEO suggest that Nintendo is preparing games for the next console. However, it's unclear when Nintendo will unveil the new console, as the timing would depend on when it plans to release it.