The price really seems way too high if they are this scared to put out a number
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The big problem are the RAM prices at the moment. Hard to set a number if you don't know if the RAM prices double or quadruple in the coming months.
I will be very much surprised if they haven't secured and locked the prices of all their components for a year or two ahead, so this should not be a factor. Probably they are just waiting to see what will happen with the tariffs and tasting the sentiment of the market for such a device.
I presume they will sell it almost at cost or even at loss, as this will eventually increase their game sales overall.
Not a number. Not interesting.
This is going to come off as shilling for Valve, but it isn't my intention.
I could entirely see Valve pricing the Steam Machine relatively affordably and this statement is ultimately a dig at how overpriced pre-built PCs and consoles can be.
"The Steam Machine outperforms 70% of current user PCs...we neglected to say that the majority of user PCs are overpriced for what they deliver."
Even though LTT said valve gave a cold stare at a $500 price tag, the BOM estimate is sitting around $420 (compared to $300 for the deck).
If they follow the same path as the steam deck, they could still comfortably sell the base model at $600 or $550 if they want to get aggressive with consoles.
Valve basically broke even with the base model steam deck, so I'm assuming the remaining $100 per unit cost is all the external stuff like production shipping etc. They make profit on the higher level models by charging more for storage and OLED.
Valve's plan was never to compete with consoles, but they're sitting on a golden opportunity here with Xbox flailing in the water and being able to price match without loss. Their major blocker is the anti cheat holdouts though, and I don't think they'll be willing to change unless steam machine itself becomes very popular, which forms an annoying loop.
I think they're probably having some great arguments behind the scenes on what point exactly they should settle on based off of the public response everyone is giving from this statement lol.
I think a lot of people are going to be disappointed in the price. From what I've read, and watched, its not going to be competitive like the Deck - it'll be more expensive than the current consoles. I just have a feeling people are underestimating it this time around.
The worst thing about the hardware unveiling is the endless posts about pricing 😮💨
Lol, not sure if you've noticed but the US is in a pretty shaky situation economically. Of course there's consumer anxiety about the cost of a luxury item.

Facts people forget:
- Assembling your own Steam Machine with similar parts will cost around 800
- Even if you assembled it yourself you would be missing features, such as cec, wake by controller, sleep mid game, etc. LTT will try to build one, it will be interesting to see what they come up with, but I'm 90% it won't have feature parity.
- There's lots of engineering gone into this machine, they're way more compact, less power hungry and more quiet than anything you can build yourself.
- Buying the same build as a prebuilt brings a premium and costs around 1000
- Valve purchases stuff in scale so they can diminish their margin and could potentially sell it cheaper than prebuilts, and possibly cheaper than building it yourself.
- Consoles are sold at a loss, and they recover it with games because the platform is closed.
- The Steam Machine is not closed, they can't be sure they're getting game purchases, because people might be buying this to be their work computer. So they have to price it as a PC, with margin on hardware, not promise of future returns.
- Price might fluctuate between now and announcement, RAM prices are going crazy nowadays.
With all of that being said, it seems to me it's very likely it will be around 800 but less than 1000. For people saying you can build one for that price yourself, sure, go ahead, you'll have a huge, power hungry loud box, without the same features and you would have saved only a small fraction of the value by having to assemble everything yourself.
Also people who like to DIY seem to forget that a lot of people want a turn-key solution, I even dare to say that most people prefer a ready made solution. Even a lot of people who work in tech when they get home want a just work solution.
...LTT will try to build one...
Jay already tried. It was bigger, didn't have the custom OS, and cost $1700. He could have done better except he was part limited to what rhe Microcenter he was at had on hand. Doing a bunch or research and getting different parts would probably bring down the price.
The discourse around this confuses the fuck out of me. Did people actually expect this to be <$500?
No, but there's some unhinged people arguing it's gonna be $800 or even $1k.