Microsoft has finally come out and confirmed when the much-anticipated Xbox One will be released. There have been rumors and speculation for a while, even we’ve reported on some of them but now we finally have an official release date, November 22nd.

Obviously we knew it was going to come out in November, and we knew it was going to be released before Black Friday, the largest shopping day of the year in North America. Our most recent report was the potential that the Xbox One would release on November 8th, one week ahead of the confirmed November 15th launch of the Playstation 4. As it turns out Microsoft will not be beating Sony to shelves and the Xbox One is going to release one week after the newest Playstation. While one week is certainly not going to decide this generation of console wars, but having ahead start during the 4th quarter is definitely going to help Sony meet their sales figures.

One new bit of news that came along with the release date confirmation that isn’t getting as much coverage as it should, is that the Xbox One is also getting an increase in performance. The CPU being utilized is going to be upgraded from a 1.6Ghz to 1.75Ghz, a roughly 10% increase in performance, which doesn’t sound like all that much, but any increase in performance and capabilities is appreciated.

Interestingly as Microsoft pointed out, November 22nd is the day that the Xbox 360 launched back in 2005, which surprisingly no one in the blogosphere realized or called out. None the less, we know when both of the next-gen consoles launch and I personally know what I’ll be doing over the Thanksgiving Holiday, what about you?