The Xbox One Comes Out on November 22

After a morning filled with speculation and buzz, we finally know when we’re getting Microsoft’s next-generation video game console. The Xbox One is scheduled to hit store shelves on November 22, with a previously announced price of $500.

Previous rumors ran the gamut, pegging the date as early as November 8, though the smart money as pointing to a late November release. The pre-release saga of the Xbox One has been one hell of a roller-coaster ride, with policy reversals and changes that seemingly came every week. But, with a retail timeframe firmly set, the battle for bragging rights moves to the place that matters most: storefronts.

UPDATE: the official announcement from Microsoft is right here. The November 22 date applies to 13 regional markets—Australia, Austria, Brazil, Canada, France, Germany, Ireland, Italy, Mexico, New Zealand, Spain, UK, and USA—with more to follow in 2014.

So, after all the ups and downs, are you planning to get an Xbox One in November? A PS4, which comes out on November 15? Both? Sound off in the comments below.