Spencer suggests Scorpio will cost not more than $600 USD

[Swordmasterman]

Hiku said:

"nor will a higher price than another “which has already heard in the video game industry before.”

Looks like the article used Google translate.
The source article says this: "So I wouldn’t get people worried that this thing is going to be unlike any console price you’ve ever seen."
http://www.winbeta.org/news/microsoft-phil-spencer-project-scorpio

I would use that wording instead in the OP.

But yeah that would suggest a price no larger than $600. Unless there's been another console that's more expensive than fat PS3? Perhaps a NEO GEO?

Is Steam machine a console ?