1. Yes it is.

@007BondAgent

Actually it was quite terrible from Sony's viewpoint. They lost their market dominance, suffered a severe financial trauma, had their reputation tarnished, and are facing a verifiable repeat with their newest piece of hardware. Don't confuse Sony's willingness to throw money at a problem with any kind of success. Sony had to fire a lot of people, close down shops, and sell off parts of the company. Just to make the losses they suffered seem less heinous.

Even so Sony has seen its stock prices plummet. Had their stock rated as junk. Plus they have had to devalue the value of their stock further to obtain even more loans. So that they can prop their gaming division up further. Just to compete, and that is what happens when a company trades its life blood for market share. I hate to sound like a complete asshole about this, but what good is it to go looking for clouds with silver linings when your home just got ran over by a tornado.

Sure people can be thankful that they survived the ordeal, but I would not expect them to say that on the whole that the year they are having isn't that bad. If you ever run into someone that had that happen to them, and they sound that positively upbeat. They are either heavily medicated, or on the verge of a complete breakdown. Sony has just had a hard five years.

1. No, it isn't.  A console is a device that connects to a TV, can be set on the floor, on the TV, or in an entertainment system. 

The 3DS is a gaming system, which all electronic gaming devices fall under.  The specific sub-category that it falls within is the hand-held category.

I think if either Sony or Microsoft get a clear lead (1 year) on the other, it will be up to them to compete against Nintendo in market domination for that time period.  Once the other system comes to market, all three will equally compete.  If both come out at the same time (or a month or two difference), they'll likely have equal standing in the market.

1. Yes, it is.

Oxford Dictionary:

Console: A small electronic device for playing computerised video games.

I'm still trying to wrap my head over what the term "Christmas is geared towards Microsoft and Nintendo" means.

Do people make up lines that make no sense to justify the fact that X360 sells way more consoles than PS3 from November - January?

Oh yeah.

Webster's dictionary:

a device that connects to a TV, can be set on the floor, on the TV, or in an entertainment system

Handheld consoles are....consoles

Yep, very true. 3DS is a console.

/thread

There is no domination this year in the home console category, so I don't know why you would include MS in that equation. Hell, I see Sony beating MS next holiday (current consoles only), so will you include Sony in the same thread next year?