After months of anticipation and title-tattle, Nintendo has finally announced a new Switch model. Nintendo Switch OLED will roll out on October 8th, 2021, and will be priced at $349.99 and while preorders aren't live yet, they're supposed to go out sooner rather than later.Nintendo dubbed the new Switch model as the 'Pro' version before they announced it. It will feature a 7 inch OLED screen, a wider adjustable base stand, enhanced audio, 64GB of internal storage, and a wired LAN port in the dock.Also read: Pashmina in Animal Crossing: Here's all you need to know about this goat from New HorizonsHowever, that's about it. Nintendo has made no changes to its RAM or CPU, which is rather astonishing.The new OLED model will have two color variants (Image via Nintendo)Be that as it may, the new handheld has two color variants: Neon red and blue with the black dock and new white Joy-Con controllers with a matching white dock.Meet the newest entry to the #NintendoSwitch family! Nintendo Switch (OLED model) brings the versatility of the Nintendo Switch experience with a vibrant 7-inch OLED screen, a wide adjustable stand, and more. Nintendo Switch (OLED model) releases on 10/8.https://t.co/zRpGxakJDn pic.twitter.com/Tsc55r35ay— Nintendo of America (@NintendoAmerica) July 6, 2021The new Joy-Cons will work with the original console and will support the same titles as well.Nintendo Switch OLED specificationsBattery Life: 4.5-9 hoursScreen Size: OLED 7-Inch Screen / 1280x720Storage: 64 GBTV Output: Upto 1080p in TV mode via HDMIUSB Connector: USB-CCPU/GPU: NVIDIA Custom Tegra processorWhat does this mean for New Horizons?Rumors surfaced a couple of months back suggesting that Nintendo had been working on a 4K version of their hit handheld. However, the OLED model doesn't have a 4K screen and won't give out a 4K output either.Also read: Tanabata in Animal Crossing: New Horizons - Everything you need to know about the upcoming Japanese festival eventIt is safe to assume that the 'Pro' version is still in the oven and might require a little more time to walk the ramp.The official Animal Crossing Twitter page, however, uses 4K images for their posts instead of the standard 1080p.This fueled rumors insinuating that Nintendo might have a Pro version of Switch up their sleeves.Also read: Animal Crossing: New Horizons - Everything we know about the different mystery islandsAgain, Nintendo has failed to provide a word on the same and expectations continue to mount newer heights.Also read: Top 5 Animal Crossing: New Leaf features we need in New HorizonsBe that as it may, the OLED model marks the first update around the console since Doug Bowser claimed that fresh additions are on their way. It's safe to assume that this is just the beginning and there's a lot in store for ardent followers of Nintendo and Animal Crossing.Also read: All you need to know about the Scarab Beetle from Animal Crossing: New Horizons