The Xbox One will cost $499.99 in the US, £429.99 in the UK and 499.99 Euros in Europe. In Australia it will cost $599.99 AU.
There will also be 23 launch titles that include Assassin’s Creed IV: Black Flag, Call of Duty: Ghosts, Dead Rising 3, Ryse: Son of Rome, Battlefield 4, LEGO Marvel Super Heroes and Watch Dogs
You can watch the launch video below.
The Playstation 4 is out on 15th November.