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haxxiy said:
PS4 2010
X720 2011
Wii-2 2012

This.

 

Obviously, the lowest selling console will be to first to stop selling at all, so it will get discontinued or replaced slightly before the normal 5 year old cycle. 

The console that sells like hot cakes, can be sold for slightly longer than 5 years, riding the momentum.

 

The 5 year generations can't be broken seriously, with 10 year plans, especially not simply with "future-proof" processing power. People will get bored of every console, and the companies must show a new gimmick, that might be nextgen graphics, new input/output, new game genre directions, etc.