Must sell 500k units of each PS3 game to make profit

Namco Bandai president Takeo Takasu has said the company must achieve sales of 500,000 units of every PS3 game to make a profit.

According to Takasu, a normal PS3 game will cost $8.6 million to develop, and as such high sales are required to recoup costs.

"We have to sell at least 500,000 copies per title worldwide to make a profit on PlayStation 3 games,'' said Takasu.

So far the Japanese firm has released two games for the PS3, Ridge Racer 7 and Gundam, both of which are available in Japan and North America, and according to Takasu are "selling well..

Releasing at the launch of a system is risky business though. With such a small install base, a large percentage of new console owners will need to buy your game for it to be a success.