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First console was the Magnavox Odyssey released by Magnavox. Had games on it like tennis and hocky
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Atari releases their first console which has pong on it, a arcade version of tennis. Because of this people began to notice gaming consoles
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Atari develops second console called the Atari VCS (later renamed to Atari 2600). This console can play multiple games and is catridge based.
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Mattel releases intellvision which rivials Attaris consoles. This created the first "Console War". Each console attracted third part develops.
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Nintendo releases their first console the NES (Nintendo Enternaiment System). Becomes the best selling console in video game history. It is 8-bit
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Sega releases their third console which is a 16 bit console. Advanced for the time period.
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Nintendo releases the first Game Boy, the first handheld console. It is 8-bit
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SNK releases the Neo-Geo a 24-Bit console. It is years ahead of the competition.
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Even though Sega had already released a console with 16-bit, the Nintendo Super NES is released and after a slow start, catches up to the Genesis is sales because of the games on it and its technology.
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Nintendo and Sony started developing a console together but Nintendo dropped out of the project. Sony still released the console which was the most popular 32-Bit console.
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In 1996 Nintendo releases the Nintendo 64 which is cartridge based. Because of its cartrides it loads faster then CD games and does not require memory cards.
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Sony releases PS2 the first 128-Bit console which is also a dvd player and is backwards compatible, which allows it to play PS1 games on it
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Sony releases PSP, which has high quality graphics for portable games and multiple storage capabilites.
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Sony releases PS3 which can play blue ray discs and is backwards compatible
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Sony releases PS Vita. A portable console with a touch screen and a touch pad on the back. Has great graphics for portable console.
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The PS4 is Sony's latest console with amazing graphics and advanced physic engines.