PS6 development remains on track despite rising hardware costs, Sony says

But it could be very expensive

(Credit: Adam Vjestica/Google Gemini)

• 🤔 Sony has provided an update on the development of the PS6

• 📆 As part of its most recent earnings call, the next-gen platform is “progressing as scheduled”

• 💪 Sony has also reportedly secured enough memory for the next business year, potentially laying the groundwork for production to start next year

• 💰 The console could cost over $1,000, owing to the impact of the memory crisis

Sony has provided an update on the development of its next console, stating that the PS6 remains on track in spite of rising hardware costs.

As per Eurogamer, Sony has shared its latest financial results, relating to Q2 2026. As part of its announcement, Sony’s CFO Lin Tao hinted at the status of the upcoming PlayStation 6, noting that it’s “progressing as scheduled” and that staff are making “solid progress”.

Furthermore, it’s also been a solid year for the PS5, with total sales reaching 97.9 million. Sony added a further 2.6 million sales throughout July, August and September 2026.

Sony has reportedly been able to offset the rise in memory costs for the console via cost reductions and price increases, which has been aided by a yearly operating income boost of 89 percent.

Sony has also noted that it has secured enough memory for the next business year, which may help to lay important groundwork for production to begin on the PS6 – we may be able to expect this in earnest next year.

Tao also said that Sony will “attach great importance to a new platform and make the necessary investments for that”. They also said that the platform will be announced “at an appropriate time in the future”, but gave no further indication on when that may be.

This follows a report that we could expect the PS6’s price to top $1,000 owing to the increased memory costs because of the RAM and NAND alone being over $680 according to leaks.

Back in August, Sony CEO Hiroki Totoki noted that the brand hadn’t decided on a release date for the PS6, even though previous rumors had indicated It has been previously rumored Sony was targeting 2027 for the PS6 release date, as its launch plans reportedly hadn’t changed.

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Reece Bithrey is a journalist with bylines for Trusted Reviews, Digital Foundry, PC Gamer, TechRadar and more. He also has his own blog, UNTITLED, and graduated from the University of Leeds with a degree in International History and Politics in 2023.