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By 2016, both PS4 and Xbox One should both hit mass market price. Around $250.

By 2016, Playstation Now will be streaming PS4 titles as well and it should be released on tablets by then too.

By 2016, PS4/XB1 will own the gaming market so much that it will be VERY hard for a 3rd competitor to make an impact. VERY HARD. Nintendo is traditionally weak in the console space and their portable market is declining with each passing year due to smartphones.

So the odds of a console/portable hybrid being successful, yet alone being a threat to PS4/XB1 is unlikely in an age of 100million or so PS4/XB1 consoles sold, affordable Android tablets and of course much more desirable iPad Air/Mini/Mega/whatever.