After months of waiting, Sony has finally done it! We now have the PS5 release date and price! Announced via today’s PS5 showcase, the PS5 will be out on November 12 in US, Japan, Canada, Mexico, Australia, New Zealand and South Korea, while the rest of the world gets it on November 19! The next-gen console will have two price points: the discless version will retail for $399, while the one with the disc drive will sell for $499.

For more on the PS5, check out how its new controller called the DualSense, which will have updateable software. Sony has also revealed the list of PS4 peripherals that will be compatible with the next-gen console.

There’s also a rumor that surfaced stating the PS5’s white covers can be replaced with other colors as well.