The PlayStation 4 Pro (codenamed Neo) is Sony's upcoming high-powered 4K console upgrade and the official holiday release date and price are now confirmed.

Sony's E3 2016 presentation was a fan-favorite and managed to steal the show even without any of the rumored hardware announcements. A few months later, the PS4 team is finally ready to share the holiday lineup of new hardware and let gamers know how much money to set aside for the new updated consoles...

The hardware presentation kicked off with an announcement that confirmed a slim version of the PS4, which matched many of the leaks that we've seen during the last month. That announcement came and went in just a few quick moments as the attention turned to Sony's high-powered 4K console, the PlayStation 4 Pro.

After a series of demos showing new games like Horizon: Zero Dawn, Mass Effect Andromeda, and Spider-Man on the PlayStation 4 Pro, Sony revealed that the console will be available on November 10, just in time for holiday shopping. The 4K hardware will cost players $399.

That doesn't leave Sony fans very much time to save up for the new piece of hardware, but the high-powered system upgrade is only going to connect with a small subset of gamers anyway. The biggest selling points of the new console are all built around 4K technology, so the $399 upgrade is really only worth hunting down for gamers who already own a 4K television or are willing to buy one. The price of 4K TVs has already started to drop, but picking up a 4K unit and the console is still going to be hard to do for less than $1000.

It will be very interesting to see how quickly console gamers migrate to the Xbox Scorpio and PlayStation 4 Pro, as this is one of the first console generations with more iterative upgrades. The change seems like a good trend in the long run, but only time will tell how consumers feel about these kind of upgrades.

What do you think of the PlayStation 4 Pro? Will you be purchasing the console this holiday season? Let us know in the comments.

The PlayStation 4 Pro releases on November 10, 2016.