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I don't think saying the PS4 will come out on top is shortsighted really.

Out of the gate, it is going to take the lead. Maybe Wii U battles it off until spring, but that's at the latest. So say around summer 2014. PS4 is in the lead, with either Xbox or Wii U trailing.

Unless Kinect 2 someone makes waves, Xbox will probably not catch up to PS4. A system that will worse versions of most of the same games while being more expensive will not attract that many gamers. Unless Microsoft changes their strategy to getting/making as many exclusives as they can, I really don't see them surpassing Sony for a long while. Sony is going to have more exclusives. It's almost guaranteed. Those exclusives will stretch late into it's lifecycle. If PS4 gets an early lead, Xbox won't be able to outstretch PS4 to beat it.

That leaves Wii U. Many people are pegging it as a failure already, but I think it has a chance for second place. A price cut will happen eventually, and when it does, Wii U will look very attractive to casuals and families. Nintendo's lineup this holiday may be lacking, but come next holiday, Wii U will be a cheaper system with a huge library full of very high profile exclusives as well as plenty of bundles. I honestly see the Wii U beating out the X1. Microsoft's console will always be more expensive, always require money to do anything online, and will never have near as many exclusives.

I predict PS4 to win with Wii U in second and X1 trailing both of them.