Sony has confirmed that PlayStation 6 development is progressing as planned, despite ongoing challenges in the global hardware market. Rising memory prices and concerns about component availability have raised questions about the next console generation, but the company says its development work remains on schedule. The update came during Sony’s financial results discussion for the second quarter of fiscal year 2026.
The announcement was made on November 5, 2026. Sony CFO Lin Tao told investors that research and development for the next-generation PlayStation platform was progressing according to schedule. The company also expects to make solid progress in preparing its next-generation hardware during the coming fiscal year.
Sony Continues Preparing for the Next PlayStation Generation
During the financial results discussion, Sony reaffirmed that developing its next-generation console remains an important part of the company’s long-term gaming strategy.
The company intends to continue investing in its new platform while carefully evaluating the financial implications of its hardware decisions. Sony expects investment in the next-generation platform to increase from the next fiscal year, which begins in April 2027.
However, the company has not revealed any official details about the PlayStation 6’s hardware specifications, pricing, or release date. Sony says further information will be shared at an appropriate time.
For now, the company appears focused on ensuring that development continues without compromising its long-term plans.
Memory Shortages Remain a Challenge
One of the biggest concerns facing console manufacturers is the changing global memory market. Growing demand for memory components, partly driven by the expansion of AI infrastructure, has put additional pressure on prices and hardware production planning.
Sony previously acknowledged that rising memory costs could influence its decisions regarding the next console generation. The company has been monitoring component availability and evaluating how these market conditions could affect future hardware investments.
However, Sony also provided a reassuring update regarding its supply situation. According to its latest financial statements, the company has aligned with suppliers on the amount of memory needed to support its projected hardware sales during the next fiscal year.
This is an important development, as stable component supplies will be essential not only for the continued production of PlayStation 5 but also for preparing the next generation of consoles.
PlayStation 5 Continues to Perform Well
While Sony is working on its next platform, PlayStation 5 remains a major part of its gaming business.
During the quarter ending September 30, 2026, Sony sold another 2.6 million PS5 consoles, bringing total sales to 97.9 million units.
The company expects hardware sales to gradually decline as the PS5 moves further into its lifecycle. Nevertheless, the PlayStation ecosystem continues to demonstrate strong engagement.
In September 2026, the combined monthly active user count across PlayStation 4 and PlayStation 5 reached 127 million accounts.
This large user base remains an important foundation for Sony as it prepares to transition to the next generation of gaming hardware.
When Will PlayStation 6 Be Released?
Although Sony has confirmed that PlayStation 6 development is on schedule, the company has not announced a release date.
Sony CEO Hiroki Totoki previously stated that the company had not yet decided when the new console would launch or how much it would cost. Component prices and market conditions remain important factors in those decisions.
Some industry analysts expect the PlayStation 6 to arrive in 2028, but this remains an estimate rather than an official announcement.
For now, the most important takeaway is that Sony has not changed course regarding its next-generation console. Development is continuing as planned, and the company intends to make further progress toward its launch preparations in the coming fiscal year.
PlayStation fans will have to wait for more details, but the latest update suggests that Sony’s next-generation plans remain firmly in motion.
