As Sony's PS5 approaches its fifth anniversary, executives have started discussing the future of PlayStation consoles, albeit in ambiguous terms.

In an interview focused on investors on Sony's corporate site, Sony Interactive Entertainment CEO Hideaki Nishino addressed the question of whether a next-generation console is in development.

Nishino highlighted the importance of console hardware despite advancements in cloud gaming. He emphasized the need for a sustainable business model for cloud gaming and the preference of players for local execution of games without network dependency.

While Sony remains committed to video game consoles, Nishino hinted at the development of a new console, possibly a PS6, without revealing specific details. The company's focus is on enhancing player engagement with content and services.

Historically, console manufacturers begin working on next-generation consoles shortly after releasing current-gen ones. Sony initiated PS5 development soon after the launch of PS4 in 2013, suggesting that work on a potential PS6 may have already commenced.

Speculation arises about Sony's future console based on recent trends and market direction. Fans anticipate a more powerful traditional home console, but Sony could also explore a portable hybrid model following the success of Nintendo's approach.

Questions about Sony's strategy regarding handhelds and the PlayStation Portal remain unanswered, leaving room for interpretation about the company's next-gen plans.

With the PS5 entering the latter half of its lifecycle and Microsoft introducing Xbox handhelds, the gaming landscape is evolving, prompting anticipation for what Sony and Microsoft have in store for the future.

Former Sony Interactive Entertainment Worldwide Studios CEO Shawn Layden expressed skepticism about Sony launching an all-digital, disc-less PS6, citing concerns about market accessibility and offline gaming options.

Reports suggest that AMD secured the chip contract for the PS6, hinting at a potential release in 2027 following the pattern of previous PlayStation launches. Titles like Physint and The Witcher 4 are speculated to be next-generation games for the PS6.