The release date for the PS6 is speculated to be in 2027, with a potential to be cheaper but less powerful than the next Xbox.
Next-gen is just a “few years away” - Mark Cerny, PlayStation console architect
According to KeplerL2, a reliable hardware leak source, the plan is to release the PS6 in 2027, unless unexpected delays occur. This aligns with the seven-year cycle of the PS4 and Mark Cerny's statement.
Author's summary: PS6 release planned for 2027, cheaper but less powerful.