The new gaming console from PC videogame titan Steam has been announced. A long time in the making, this new product brings the company into direct market competition with such industry behemoths as Microsoft and Sony. Gabe Newell, the company’s billionaire founder and longtime head praised the announcement of the “Steam Machine”, which would deliver many more options for the largest section of gaming fans: console gamers. Still, the price of this new hardware is a point of contention. Many expect the retail to be as high as one thousand dollars USD. Some fear it may be higher. Still, the announced specs on the Steam Machine are very impressive and the general sentiment surrounding the release is largely positive. Only time will tell if Steam will be able to break into the oligopoly of the console gaming market.
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