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OneKartVita said:
If they did it will bomb so hard it's not even funny. People who buy consoles don't want to spend $400 on a new console so soon. if they wanted frequent hardware updates they'd game on pc.

 5 years is not frequent

The Xbox was replaced 4 years after it was out, the PS2 6 years. Beyond that I'm pretty sure sony and Microsoft next systems will see much of their software shared with X1/PS4 for the first few years. An extention of what we saw during 2014. 

Consoles will become increasingly like PC, its inevitable. Whats important is that consumers buy a box they can plug into their TV and don't have to worry about specs.