people get butt hurt when someone called their video game console a toy?

Yeah, videogame software can be considered a entertainment media

bolded: is this a thing?

I said computing device to include the computer. Both the phone and a personal computer perform the same function of playing Angry Birds, and are required to do so. A house or apartment is not necessary to have a party however. If you are arguing that natural resources, such as land can fit within the historical definition of toy, this seems invalid. All things must be built from others. If we include natural resources, then we must also say our cells in our body's are toys, because otherwise we wouldn't feel happy if we weren't living beings. Natural resources are not toys. For the same reason I wouldn't call oil a toy, or water a toy even though they can be combined with things to create recreational value. They are building blocks to things, not the actual combination of things. A sprinkler is the toy, water is a part of the toy. A sprinker, if only used to water grass, can also not be a toy. A pool is a toy, water is used to make a pool. 

http://en.wikipedia.org/wiki/Give_Yourself_Goosebumps

Just an example

I do not believe modern consoles are toys. Nintendo was a toy company and did not fight the stigma that games were toys. When Sony came they changed the face of peoples perception of videogames, hence why the marketshare expanded, prompting Microsoft to join in. They became a visible threat to the PC realm once Sony joined. The PS4, Wii U and Xbox One are no more toys than a gameless multimedia device. 

Today games are digital media. Its not cartridge based like the old days. When Sony changed the formatting we could experience games no different than one would on a PC. The difference is the mass market now had a chance to accomplish experiencing such things.

You play with the sotware, the console itself is a piece of tech, its not for playing, so therefore i dont think its a toy.

That is the definition of a toy. I don't know where people are getting the argument "it's an electronic device, not a toy". There is nothing in the history of the definition of toy that has said it cannot be electronic. Most children's toys nowadays are electronic (not to mention annoying as hell). The definition above shows us factually that gaming consoles are toys. Professional gamers can use this toy for work, but it is still a toy. It is designed primarily as a toy. It has other features, but even most of its other features are for providing amusement/entertainment. Ergo, still a toy. A PC can be considered a toy depending on the use of the PC. I have a work laptop. It is not a toy. I have a gaming laptop. It is a toy. I have a desktop PC. It is a toy, and I occasionally use it for work.

The format of games decide if it is a toy or not?

What do you do with a console? If you only bought a PS4 to watch Netflix and Youtube, then for you it isn't a toy. But I suspect a lot of the purchasers bought it to play games. If you present statistical data though, that people don't use a XBO or PS4 for games, then I agree it isn't a toy.

Uhmmmm yes. Yes they are. Toy is a totally subjective term that is essentially defined by pleasure /enjoyment and use in case you haven't read the various definitions posted here.

With that being said, working on cars is a hobby of mine in which I find much pleasure as well as driving them and "playing" with them. So yeah, for me a car can easily be a toy.

@OP: Yes, it is.

@aLkaLiNE: Consoles are toys that since they started including additional features can be other things too, while PCs and cars are other things that can be toys too.