Let the console wars begin
The PlayStation 5 will cost £449, with the disc-less DIgital Edition coming in at £359.
The machine will be released on November 12th in the USA, Japan, Canada, South Korea, Australia and New Zealand, and then November 19th in the rest of the world.
No reason has been given as of yet for the delay in other regions, including the UK.
The reveal was made during Wednesday's PlayStation showcase livestream.
Microsoft confirmed the price and release date of the Xbox Series X and Series S last week.
The high-end next-gen Series X will cost £449 ($499 in the US) and go on-sale on November 10th. Microsoft also confirmed the Xbox Series S, a lower-spec, disc-less version of the machine that will go on sale the same day, but will be £200 cheaper.
Pre-orders for both Xbox machines are available from September 22nd.
The price and release date were not the only things announced during the livestream. Other big news …