Sony: PS4 Launching Nov.15th Priced at $399

During the Gamescom game industry convention in Cologne, Germany Sony confirmed the release date and pricing of the company's next-generation video game console, the PlayStation 4. According to their press conference the new gaming unit will ship November 15th with a starting price tag of $399.

For those gaming geeks looking to be amongst the first to own the new PS4 Walmart has already confirmed, starting Saturday, August 24, customers can visit Walmart stores nationwide to pre-order the console. "We know millions of our customers can't wait to get their hands on the Xbox One and PS4," said Laura Phillips, senior vice president of Entertainment for Walmart U.S. "As the current market share leader in video game hardware and accessories, customers can trust Walmart to have the latest gaming consoles and new releases available at a great low price."

Customers simply need to see an associate in the Electronics department and take the following steps to secure the PS4:

• Provide a 10 percent down payment – $40 for PS4.
• Make payments over time or in full when the console becomes available.
• Pick up the console on the launch date. Walmart will hold pre-ordered consoles for customers wanting more time to pay it off until December 13, 2013.

According to Sony they hope to have more than 33 titles available for PS4 by December, including NBA 2K14, Call of Duty: Ghosts, Skylanders Swap Force, Need for Speed: Rivals, Battlefield 4, Madden 25, FIFA 14, NBA Live, Killzone: Shadow Fall, #DRIVECLUB, Knack, Assassins Creed IV Black Flag, Watch_Dogs, Just Dance 2014 and Lego Marvel Super Heroes.

Sony also dropped the price of its PlayStation Vita mobile gaming console from $249 to $199, though didn't specify if the $299 PS Vita model, which also features 3G network connectivity, will have a similar price drop to the $249 Wi-Fi version.