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See for yourself:

Generation 5 had five main competitors: Atari Jaguar, 3D0, Playstation, Sega Saturn, and Nintendo 64.

Generation 6 had four entries: Dreamcast, Playstation 2, GameCube, and Xbox.

Generation 7 currently has three consoles: Xbox 360, Playstation 3, and Wii.

 

It looks like we will end up with only two consoles in the next generation and my guess will be: Wii 2 and Nextbox with Sony taking sometime off and will probably simply shuffle the PS3 into a slimmer model. The decrease in the number of consoles is probably due to skyrocketing cost of participating in the console race -- we are talking billions of dollars with a very high risk of big losses.



Currently playing on PS3: God of War III

Currently playing on Xbox360: Final Fantasy XIII

Currently playing on NDS: Chrono Trigger