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Console = a device that outputs a video signal or visual image to display a video game

Handhelds are devices dedicated to display video games, they´re, obviously, consoles. I don´t think there´s much to discuss here.

What we could discuss is if we should consider the home console market and the handheld/portable console market as a same market or not.
I´d say that it would be foolishness to consider them different markets, because they have pratically the same consumers: traditional (or hardcore, if you prefer) videogame players.