[ Article Summary ]
According to Valve engineers, the high price of the Steam Machine is similar to what happened with the Steam Deck.
For months, there were leaks and rumors that the price would exceed $1,000, which ultimately turned out to be true. However, this doesn't appear to have been Valve's original plan for the device.
IGN asked about what the original price of the Steam Machine was supposed to be. While neither person gave a definitive number, they both explained that the current price increase the Steam Machine is experiencing is similar to the case of the Steam Deck.
Based on a 40% markup rate similar to the Steam Deck, it's possible that the original price of the Steam Machine would have been around $750 if market conditions were normal.
Source : notebookcheck