PSM "reveals" PS3 release date, price

The folks at Team Xbox have picked up the latest issue of PSM, also known as the Unofficial PlayStation Magazine, and let us know that the magazine is claiming to have the official launch date and price of Sony's latest game console. The PlayStation 3 is set to launch in early November, just in time for the post-Thanksgiving shopping frenzy, simultaneously with its online service. The asking price? $399 for US, €322 for Europe, and ¥45,965 in Japan.

While we're sure that a magazine entirely devoted to Sony's platform has some pretty good inside sources, and the prices and date seem pretty likely, consider this speculation until we get the official word from Sony (or, at least, the Official PlayStation Magazine).

This article was originally published on Joystiq.