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VGKing said:

There is a new iPad every year. If next-gen consoles are small leaps then they wil get left behind. 

That's a good point, and one I had thought about. But I doubt the iPad will reach the levels of gen 8 consoles within gen 8, and by that time manufacturers will be seeing what Apple is up to, and will adapt their strategies accordingly.

What I think will happen is that console lifecycles will be radically disrupted by Apple, causing adapting technology within a generation, with HW revisions that could actually break backwards compatibility to software. I believe gen 8 to be the last traditional gen as it were.