Sony and Nintendo would likely have been more competitive, but Sony probably would still have won. Playstation was established by the time N64 launched. Sony was better at establishing partnerships with 3rd parties (Especially EA, Square, and Namco) and marketing.
I don't see any scenario where Nintendo could have delivered a knockout blow to both Sega and Sony in the same generation. It wasn't in anyone's interest besides Nintendo for N64 to have a monopoly.
Lifetime Sales Prediction - 6/29/2013
Wii U - 38 million
XBOX One - 88 million
Playstation 4 - 145 million







