Reggie: Wii games need to sell 1 million to turn a profit

Speaking to the New York Times famed name-taking Nintendo executive Reggie Fils-Aime has said that the average Wii game has to sell a million units in order to turn a profit.

In an article focused on the wider issue of bigger industry players struggling to make money, Reggie chimed in on why the Wii sofware can be more successful saying that while a Wii game needs to sell around 1 million copies to make a profit, that cost on Xbox 360 and Playstation 3 is much higher.

The article notes that in spite of Reggie's claims, only 16 of 486 Wii games have actually sold a million copies, so either the number for a profit is much lower or many, many Wii games are failing to turn a profit.

Some of the 486 titles are also bound to be low-budget ports or shovelware, making the claim of a 1 million average to profit slightly strange in our eyes.

Reggie also went on record saying Nintendo decided to leave high-quality graphics and high definition support out of the Wii as they realized the cost to produce HD-era games wouldn't prove cost effective.

Check out the full article which chats to even more gaming executives on the NY Times Website.