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Id agree its a commonly used term. Just because they call their system Playstation 1 2 3 4 5 6 whatever. So it sticks in peoples heads. Just like the words Gameboy do. And now Xbox is too. Just like nintendo did back in the NES and SNES days. But I think Nintendo is still the bigger more well know to people company.

"Name a gaming console" Playstation
"Name a gaming company" Nintendo




8th gen predictions. (made early 2014)
PS4: 60-65m
WiiU: 30-35m
X1: 30-35m
3DS: 80-85m
PSV: 15-20m