Nintendo President Satoru Iwata said in a recent quarterly meeting that his company may no longer follow the traditional five-year console lifecycle when releasing a Wii successor. "We are always preparing for new hardware so that we can launch whenever we determine we should do so," Iwata said by way of Ausse-Nintendo. "However, scheduling for a rather fixed launch date 4 years from today, regardless of future changes in the industry and the market, appears to be too inflexible an approach to us." Both Nintendo and Microsoft have followed a four to five year release cycle in recent years when launching new consoles. Sony, however, has been able to buck that trend with its previous PS1 and PS2 machines, both of which endured at least seven years in popularity. "We are always studying and working on what the new hardware must become in the future, but we are also monitoring changes in circumstances in order to act flexibly," Iwata added. Regarding a DS successor, Iwata said, "We are not suffering from a shortage of new ideas for DS." Translation: Don't expect DS 2 for a while.