Not that long from now.  What do you think the industry is going to look like in two years?

Here's my take:

Nintendo:  Wii U will be considered a success and games showing the true power of the system will be on the market.  It will have decent third party support.  It will still share many titles with the PS3 and Xbox 360 but the Wii U will be home to the best versions of most games.  On the portable side of things, 3DS sales will have fallen way below what the DS had achieved at that stage in its life but it will still be the undisputed leader of the dedicated handheld market.  The Wii will be nothing but a fond memory. 

Microsoft:  The 360 will still be going strong but will appear quite dated at that point.  The next Xbox (Possibly not even called Xbox) will be announced in 2013 release in 2014 and will be in a power class all by itself.  It will share certain titles with the Wii U but many titles will only be released on the next Microsoft platform.  The line between console and entertainment device will be almost non-existent.  Browsing the web with a really good browser, switching over to network/cable television, video chatting, and watching movies will be much more seamless than they are now.  They will achieve their dream of being the entertainment hub of the living room.  It will still use discs because fuck Cliffy B.

Sony:  Like the 360, the PS3 will still be going strong.  Unlike Microsoft, the PS4 will STILL not be on the market.  The PS3 will share many games with the Wii U and Xbox but the "HD Twins" will have versions that are comparable but obviously less capable than the Wii U versions.  Still, the PS3 will hold up surprisingly well.  Sony will continue to add and announce new features and announce new hardware but they simply will not be able to handle the financial burden of a new console launch, even in 2014.  On the portable side of things, the Vita will not be considered a huge success and will possibly be on its last legs.  Sony will not be in an enviable position when compared to the competition.  The gaming division will be doing good (not great) but other divisions will continue to struggle.

Apple:  Currently a wild card but I don't believe they will enter the home console business, ever.

PC: Will be in the same postion they've always been in--a bit ahead in power but still not the platform of choice amongst the mainstream. 

All in all, I think the Wii U will be considered the worst selling "current gen (7th gen)" console and the best selling "Next gen (eighth gen)" console.  As the PS3 and 360 begin to phase out, the Wii U will be the market leader but will still lack support in certain genres and games.  Microsoft will have what many consider the true next gen console but it will suffer from lack of install base and devs not yet being able to make use of its power.  Sony will still be a looming threat.

That's what I think the industry is going to look like.  What say you?  Feel free to guess what console sales will be for the Wii, Wii U, PS3, 360, PSV, and 3DS at that time.  We'll bump this thread in a couple of years and laugh at how stupid we all were.

Too hard to predict, we don't even know any details about Sony/MS's next consoles, and we haven't seen how WiiU's launch will be.

But I'll try:

Nintendo: WiiU will do considerably worse than Wii, but considerably better than N64. 3DS will be considerably below DS but clearly dominating the handheld space. I can't say much more.

MS: Will dominate NA sales, but its situation won't improve in Europe and Japan. It'll have solid sales at least.

Sony: PS4 will have released by the end of 2014 despite their financial situation. It'll have a a better launch than PS3. It'll retain Europe and have solid sales also, but in NA Xbox hype will hurt it. Vita will have a sustainable but low console base.

If PS4 and X720 release at around the same time for around the same price, I see PS4 somewhat outselling X360, but it's hard to tell if those circumstances will be met.

Beginning of 2014

WiiU will be enjoying growing sales and 3rd party support.

360/PS3 will be chugging along. 360 on Kinect appeal. PS3 on price point/new 1st party games.

Next Xbox recently launched late 2013 and just settling in the market.

PS4 not released yet. Fans cry out "Just wait" as a homage to 2006 :P

Final Fantasy Versus 13 will still be in development.

DS/PSP/Wii: Discontinued

Xbox 360: On its last legs. Third party support is severely cut off, and people are quickly moving over to Xbox 3 in anticipation for Halo 5 and other titles no longer supported on the console.

Xbox 3: Great sales thanks to brand recognition and strong third party support, as opposed to the aforementioned 360 version. The hardware isn't too expensive, but still not cheap enough to catch the casual crowd's interest.

PS3: Sales track only slightly below Xbox 3 thanks to continued support from Sony, who can't afford letting go of the system. (Recently gained) Full access to the growing Vita library also keeps new games coming.

PS4: Very recently released. Sales are acceptable.

PSV: Selling about half of what the PSP sold around the same time of its life-cycle. Third party support is still decent thanks to the dated hardware (from a home console point of view) and great profit margins on sold software.

Wii U: Tracking slightly behind the Wii. Third party support is still lower than the competition, but not nearly as low as the disastrous support that the Wii lived through.

3DS: Sales are about one third lower than the sales of the DS at the same time of its life cycle (which is not too bad given how the DS sold after ~three years). Third party support covers all major franchises, but pretty much nothing beyond that.

Sega returns and dominates with 98.7% market share. Yakuza 6 outsells Wii Sports. Nintendo goes third party, Sony goes under, and Microsoft just goes.

Sony and Sega team up to make the Dreamstation. Shenmue 3 and Parappa the Rapper de Amigo (crossover) are launch titles.

No company can stand up to the combined might of Parappa and that one Sega monkey with the tambourines. Together they dominate market and mind-share amongst gamers for the next two decades.

I've seen it in the tea leaves.

EDIT god dammit badgenome 

DS's first year wasn't very good, even the PSP sold more than it. It was during the second year that games like NintenDogs, Brain Training and New Super Mario were launched and the sales exploded. The 3DS won't be able to reach those sales levels.

OT:

Nintendo

3DS will do fine, clearly dominating the handheld space but without being another DS. Japanese developers will love it while westerner ones won't give it too much love.

Wii will be death and WiiU will sell well, not amazingly well as Wii did in its first years but better than PS360 is its good years. Nintendo will announce its first price drop. Third parties will still support it, although we may start to see games that skip it in favour of the other next gen consoles.

Microsoft

Xbox360 will be almost dead. Very, very few games will be launched for it. The Nextbox, launched by Xmas 2013, will sell well in NA (maybe even better than WiiU), good in EU thanks to its sales in the UK and poorly in Japan. Almost every third party will launch their games on it. It will be the most expensive of the three consoles.

Sony

Dismal sales of PSP but good ones from Vita, which will have a larger catalog of games and a better price thanks to the 2012 price cut (with a possible 2nd one in 2013).

PS3 sales will suffer a sharp decline as the newly launched PS4 takes its place.Giving Sony's financial situation, it won't be as powerful as the nextbox, falling in between their 2 oponents but closer to the power of the console of Microsoft. With no weird thing like the Emotion Engine or the Cell, it will be easier to develop for and third parties will get on board. Good sales in EU and Japan but in NA they will be third.

d21lewis's daughter demands an iPad in april 2014.. every month he spends 20 dollars on itunes gift cards for her.. around januari 2015 she asks: Dad... won't you play with me on my iPad?
Slowly during 2015 we are losing d21lewis and cumulating at christmas 2015.. the day d21lewis get's an iPad and he will then disappear from this site.. for like 3 weeks.. during those 3 weeks vgchartz is in uproar losing valuable members due to perma bans.

Seems plausible.