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a) Maybe selling 500k is more than what they need to make a few million dollars in profit
b) Nintendo die-hard fans still exist and buy anything with the Nintendo or Zelda sticker on it

I predict 200k minimum for Hyrule Warriors. I also think it will suck just as much as other "Warriors" games, except the Nintendo die-hards that never cared for or played those "Warriors" games will be defending it as a great game, and will still never play any of the other "Warriors" games.