PlayStation Provides A Brief Update On PS6 Development Progress

Published Nov 5, 2026, 5:28 AM EST Josh Coulson is an editor at TheGamer covering breaking news on everything from colorful platformers to the latest Lego sets. Primarily a news writer since 2018, Josh has covered just about every major game from the past decade. Now an editor, their focus has shifted to being the leading affiliate expert at the site, building relationships between TheGamer and global brands including Mattel, Funko, and The Pokemon Company. Sony published its latest financial results today, which include an update on the PS5’s lifetime sales. There’s also a note on the development of the PS6, and it’s really starting to sound like it might be full steam ahead on a 2028 launch for PlayStation’s next-gen console. “Looking ahead to the next fiscal year, we aim to continue to enhance user engagement and further strengthen monetization through the release of strong titles and the expansion of our service,” Sony CFO Lin Tao said during today’s financial results (thanks, VGC), adding, “We also intend to make solid progress in preparing for the next-generation platform .” Time To Invest In The PS6 PlayStation “From next fiscal year onward, there will be investment in the new platform. For future growth, we have to attach great importance to a new platform and make the necessary investments for that,” Tao continued, clarifying that an announcement on the specifics will be made at an appropriate time in the future. A renewed focus on PS6 development during the next fiscal year, which will begin in April 2027, certainly sounds like the plan is for PlayStation to have its next console ready for release at some point in 2028. Likely towards the end of the year, similar to the PS5 launch in November 2025. What Year Are You Hoping To See PlayStation Release The PS6? Particularly when, during the same financial call, Tao also noted that even though PS5 sales are still on the rise - PlayStation’s latest console has now sold 97.9 million units - the rate at which they are being sold is “gradually declining as expected”. Not only because the console is six years old, but because memory shortages and rising RAM costs mean a new PS5 is now considerably more expensive than it was in 2020. PlayStation Has Secured Enough Memory To Hopefully Avoid Additional Console Price Rises Currys Speaking of memory and its rising costs, one of the more positive reveals made during the financial call was confirmation that PlayStation has secured enough of it to see it through the next fiscal year. That presumably means the one starting in April, and suggests that, if development on the PS6 really starts to hit its stride, then there’s enough RAM to go around for further PS5 production, and for the early stages of the PS6. That hopefully means, for now at least, console price rises won’t affect PlayStation again for the foreseeable future. The company is already struggling to get new stock out there due to memory shortages, which is why it sent out a notification this week urging those not using their PS5 to trade them in. It really needs PS5s on store shelves, even if they’re refurbished ones, with new customers hunting them out ready for GTA 6. It would seem that, despite rising RAM prices, global shortages, and most people seemingly being fine to sit with their PS5s for a lot longer than usual due to how much its replacement will potentially cost, we’re getting a PS6 within the next two years whether we like it or not. It also seems likely that the console will cost upwards of $1,000, with the suggestion that Xbox’s Project Helix could cost anything between $1,200 and $1,800.