haha, i don't believe this for a second.
EA is focusing entirely on improving the quality of it's games, Not on making hardware
2 out of 3 of the console makers are have lost money so far this gen, and the market certainly isn't big enough for 4 consoles
EA would be the smallest of the 4 console makers - Sony and MS are huge companies with vast cash reserves, even Ninty is much bigger than EA