If the Wii U continues at its current pace, it will be done in 3 years. Nintendo while rich, isn't going to leave a lame dog on the track while PS4 and the next MS console trample on it for that long. They would probably quit the home console market altogether before that and create a web based platform like Steam.
They probably could do it, but people seem to forget while the N64 and GC weren't the strongest sellers, they moved 3rd party software pretty well in some cases until the end. The Wii U isn't showing that same level of ability and is akin to the Wii's lackluster abilities outside of Skylanders and Just Dance. The Wii U even with some Nintendo blockbusters to propel it is likely to just be around 3 years before a successor is announced with a lame duck 4th year. But 5 is way too much time unless they do a massive restructuring of the company's hierarchy and need time for the new CEO/President/whatever to start their plans on saving the company.
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