The launch date for the PlayStation 4 has finally been revealed by Sony Corporation (NYSE:SNE) (TYO:6758). The console will be available in the U.S. and Canada starting Nov. 15. The electronics company revealed the date during its annual Gamescom conference.

Playstation 4 PS4

Sony partners with Twitch for PlayStation 4

Also at Gamescon, Sony revealed that it had partnered with game streaming company Twitch. Thanks to that partnership, the PlayStation 4 will come with full support for Twitch. More than a million gamers stream their games every month to over 38 million unique viewers of Twitch.

Microsoft Corporation (NASDAQ:MSFT) had announced already that the Xbox One console will also carry full support for Twitch.

PlayStation 4 sales going well

So far Sony Corporation (NYSE:SNE) (TYO:6758) has revealed that more than 1 million PlayStation consoles have been preordered around the globe. The console will be sold in 32 different countries.

This week the flash based 12 GB PlayStation 3 was also made available to additional markets. It was initially offered to just European and Hong Kong consumers, but this week Sony announced it would start offering the $199 console in the U.S. and Canada as well.

PlayStation 4 competes with Xbox One

It will come with a $400 price tag and will go head to head with Microsoft Corporation (NASDAQ:MSFT)’s Xbox One console, which will also launch in November. The Xbox One will be priced $100 higher than the PlayStation 4. Microsoft released an Unboxing Video for its Xbox One earlier this month.

As the launch date for both consoles approaches, gamers are likely considering which of them they will purchase.

PS Vita price dropped

Along with the PlayStation 4 launch date, Sony Corporation (NYSE:SNE) (TYO:6758) also said it will reduce the price of its PS Vita portable gaming device. The price will fall to $200, which shows just how heated the competition for mobile gaming devices is getting, especially now that smartphones and tablets are getting in on the market.