Sony revealed Tuesday that it will release its PlayStation 4 on Nov. 15 in North America, and Nov. 29 in Europe and Latin America.

The company made the announcement during a press conference at the Gamescom conference in Cologne, Germany.

SEE ALSO: Microsoft Reveals Tentpole Games to Launch with Xbox One

Sony already had announced that the next-generation videogame console will be priced at $399. Microsoft's rival Xbox One carries a $499 pricetag.

Microsoft has yet to reveal when exactly the Xbox One will be released.

Sony said it already has received 1 million pre-orders worldwide for the PlayStation 4.

SEE ALSO: Game on for Sony, PlayStation 4


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