Sony Says Next-Generation PlayStation Preparations Are Progressing

Sony says preparations for its next-generation PlayStation platform are progressing, with CFO Lin Tao telling investors the company intends to make solid progress during the next fiscal year. Sony has not announced the platform’s name, a release date or details of its investment plans, and a 2028 launch discussed in some reporting remains speculation rather than a confirmed schedule. Tao said Sony would make the necessary investments in a new platform, while balancing those decisions with the financial health of its business. She said the company would provide details at an appropriate time in the future. Her remarks were made during Sony’s financial results update for the second quarter of fiscal 2026. Sony also reported that PS5 shipments reached 97.9 million worldwide. The company shipped 2.6 million consoles in the three months ending September 30, 2026, down 900,000 from the same quarter a year earlier. Sony said sales are gradually declining as expected at this point in the console’s life cycle. The company reported 127 million monthly active users on PlayStation Network, an increase of eight million from a year earlier. Combined PS4 and PS5 software sales totaled 88.2...