I don't know if this interpretation is correct.
Is $S^{n_1} \times S^{n_2} \times \dots \times S^{n_k}$ some sort of hyper torus of dimension $1 + \sum_{k = 1} n_k$ (see here for calculation)?
Let's just take an example, what exactly is object $S^2 \times S^3$ (need a name for this set)? By Kinneth's formula (thanks in the comments), I found that
$H^p(S^2 \times S^3) = \oplus ( H^i(S^2) \otimes H^j(S^3) ) $. For $p = 0$, we get $\Bbb R \times \Bbb R = \Bbb R^2$. For $p \geq 1$, (I only did it up to $p = 2$), I found that it stays $\Bbb R^2$.