Sony fanboys rejoice! The PlayStation 4 finally has a release date.

In what was arguably the most interesting piece of news to emerge from Gamescom thus far, Sony revealed that the PS4 would be going on sale in North America on November 15th and would be available in Europe on November 29th.

At Sony's keynote presentation at Gamescom in Cologne, Sony boss Andrew House revealed that the PS4 will be made available for purchase in 32 countries before the end of the year. The news puts Microsoft further onto the back foot, since the Xbox One will only be released in 13 countries this year, down from the 21 markets originally announced.

Taking the opportunity to stick the boot into Sony's competitor, House pointed out that Sony hasn't altered any of its policies concerning price, DRM, sharing of games and indie publishing since its keynote address at E3 earlier this year.

House said that pre-orders for Sony's next-generation console have already shot past one million. He also reiterated that the PS4 will cost $399 in North America, €399 in Europe and £349 in the UK.

Micorsoft has yet to announce a release date for its Xbox One, although it did reveal earlier today that European pre-orders of its console will receive a free copy of FIFA 14. Whether that will be enough for consumers to ignore the fact that the Xbox One is significantly more expensive than the PS4 (costing $499/€499/£429) remains to be seen.

Check out our full Sony PlayStation 4 review here.