What is time? It feels like PlayStation 5 was released yesterday, but it’s actually more than five years old. This year will see its sixth birthday, which is usually when we can expect to start hearing more about a console’s successor. Seven years is a typical console generation lifespan; no PlayStation has ever been released more than seven years after its predecessor, and the eight-year gaps between Switch and Switch 2, or Xbox 360 and Xbox One, are the longest ever for a home console. (Both pale next to the Game Boy’s incredible 12-year run, though.)
If it doesn’t feel like it’s time to start thinking about the PS6 yet, it’s because lengthening game development times have slowed the pace of new releases for PS5, because initial take-up of the console was slowed by supply issues, and because the Covid-19 pandemic distorted everyone’s sense of time. But the time is upon us all the same.
As it happens, there are reasons why the PS5 could keep going for a few years yet. But regardless, Sony is surely already planning for the next PlayStation, and considering how it’s going to extend PS5’s dominance of the dedicated home console market and crushing defeat of Xbox into the next generation. Here’s what we know so far.
What is the latest PS6 news?
Speaking to investors, Sony has said that it has yet to decide on the pricing and launch date for PlayStation 6 due to ongoing shortages in computer memory. President and CEO Hiroki Totoki even said that the company would consider “changing business models” for its next console.
“We have not yet decided on at what timing we will launch the new console, or at what prices,” Totoki said via a translator during an earnings call (as reported by VGC). “So we would like to really observe and follow the situation.”
Totoki said he expected short supply and high prices for RAM and storage to continue for the next year. “Under that assumption, we must think carefully what we will do. We would like to think about various simulations, including changing business models to come up with the best solution and strategy.”
Changing business models — to a smartphone-like hire purchase scheme, perhaps — would be a radical move for Sony. It shows how serious the memory crisis is that it’s even being considered.
Altogether, Totoki’s comments suggest that Sony is genuinely taking its time with PS6 and pursuing a “wait and see” strategy. This ties in with earlier reports that Sony was considering pushing back the launch from 2027 to 2028 or even 2029.
What is PS6’s release date? When is it coming out?
We don’t know, and we’re probably a long way from knowing. Until recently it seemed that a November 2027 release for the PlayStation 6 was on the cards, if not actually the plan, following the pattern established by the PS3, PS4, and PS5.
Sources don’t appear to believe that the decision to delay the PS6 beyond this point has been taken yet. But it is definitely in consideration due to the RAM crisis, with Sony now looking at 2028 or even 2029 as a possible release date for the new console.
Why might PS6 be delayed?
As well as the current difficulty of securing enough chips and setting a reasonable price point, there are other reasons Sony might choose to wait before releasing the PS6.
The PS5 has sold well, on par with the PS4, but it has done so in what appears to be a shrinking overall market for dedicated home consoles. The adoption rate for the current generation has been slow, with the biggest games like Fortnite, Roblox, and Minecraft still very playable on older hardware. Lengthening game development cycles (also impacted by the Covid-19 pandemic) mean that current hardware feels underexploited; GTA 6, bound to be the PS5’s defining game, hasn’t been released yet. Meanwhile, diminishing returns from technological advances are clashing with the ballooning cost of developing games for current specs.

