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I think a price increase was inevitable but 300% between the cheapest model in the space of a year is hard to swallow. Any other company would be getting dragged through coals.
It’s not like they are open about their costs, and steam already takes advantage of its clients (both gamers and game devs), so it’s not like taking a bit more profit than they need to is below them.
Just the ram costs now 250$, was 60$ April 2025. NVME SSD 256 costs now 90$, was 30$ on April 2025. That is 250$ more on the cheaper model from just these two components. All parts costs more now, and shipping is more expensive.
Valve doesn’t buy their ram off Amazon, I don’t think we can estimate so easily. Sorry if I don’t trust the guy that spent 1000 million on boats to be greed immune.