After much speculation and buzz, we finally get the final word about when we’re getting Microsoft‘s next-generation video game console. The Xbox One is slated to hit store shelves around the globe on November 22, with a previously announced price of $500.

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Today (May 21), Microsoft unveiled its highly anticipated next generation console, the Xbox One. Sporting an industrial design and powerful specs, the system aims to be the focus, or facilitator, of family entertainment.