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What happened to the days when a new console came out every year?

It's been 6 years since microsoft came out with a new console (without considering kinect). And it's been 5 years since sony did (without considering the playstation move). I consider the new motion controller for the PS3 a clone of the Wii but so much better; quite a smart move (financially). Kinect seems to be quite a failure taking all the expectations in consideration, even though it is a very viable option for microsoft it's just not looking too good. Since Sony is Japanese, the nationality of perfection (with no real natural recourses to sell, Japan turns toward doing evreything perfectly, may it be flower arrangements to karate), it´s natural to compete with Nintendo. But when you look at Microsoft everything turns gray, it´s an American company (the nationality of insecurity), and to top things off it likes to make computers (so does Sony but it likes to do other things too). Where are the Gamecube 2s, the Playstation 4, the Xbox 460? Apperantly they have given up on this and turned towards cheaper and simpler ways to make money. And why aren´t there any more A rather absurd image of the so called Xbox 460

companies to manufacture them? It won´t kill them to think of something breathtakingly innovative? I think it would be great.