After months of mere speculation, Sony have finally revealed the launch dates and price points for their highly anticipated next-generation hardware - PlayStation 5.

The standard model will launch on November 12 in The U.S., Japan, Canada, Mexico, Australia, New Zealand, and South Korea and November 19 in the rest of the world. The price will be $499. A disc-free edition of PS5 (PS5 Digital Edition) but it will be a bit cheaper - it will be priced at $399.

The pre-orders will kick-off today "at select retailers" so make sure you get in line. The games themselves will be priced at $69.99 btw.