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HoloDust said:

Are they fucking out of their minds?

Gabe Newell is not the Santa Claus figure he is made out to be by Reddit users.

Setting that aside, Valve is a small company compared to Microsoft, ASUS, Sony, or even Nintendo, and cannot eat the costs of hardware as they do (or did). They also don't have the resources or the interest to negotiate prices like the big three. And even Microsoft, which is over a thousand times the size of Valve, isn't eating the costs anymore.