So many comments, haha! I think it is fake.
This form factor is not logical. Your hands will obscure some parts of the screen. And the top material seems to be made of glass. That will leave a lot of smudges behind and will be more vulnerable to damage. Bear in mind, Nintendo will always be a family friendly company. This form factor makes it difficult to see this as a hybrid. Developers incorporate will have to make new design choices because of the oval screenform and placement of the hands/buttons.
Furthermore the NX is a product of Iwata reign. They already made a mistake with the Wii U and 3ds in regards to their games line up. No physical button and the lack of shoulder & trigger buttons will put of a lot of players and developers. Some games are developed with pressure sensitive buttons and triggers in mind. And this will also hinder backwards compatibility & compatibility with third party software. Is Nintendo going to make the same mistake again? By now they should know it cost more time and money to develop for the current console market. Putting extra hurdles will not help this predicament.
This console will likely be priced lower than $350 because of the current price point and sales of the console market. It is a challenge to put a CPU, GPU, RAM, battery and the other necessary components in that form factor if it is a hybrid. Price wise and performance wise. I wonder how long the battery will last with a reasonable resolution and gfx. Lastly Is Nintendo going with ARM or x86 chip architecture like the rest? The Nvidia Tegra chip (ARM) will be candidate if it is a hybrid. Good performance seeing from their Nvidia Shield line.
Nintendo needs to make this succeed seeing from their financial statement. Revenue is declining with their diminishing hardware (&software?) sales. They still have cash and other revenue streams. But launching and supporting a console is very demanding on their cash flow. Their backs are against the wall, hopefully they come back swinging and hitting in the right places. However with their business culture and Japanese culture in general, there is reason to be fearful they will fail. Nintendo is not very receptive to comments and feedback from the west. Hopefully they learned and listened to some of their customers and developers.