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AAA games refer to budgets. Though I'm not sure what the threshold
It makes sense that expensive games need to move a decent amount of copies to warrant a sequal.

If they make 30$ on each copy. That means it needs to net Capcom ~60 million.

I'd assume AAA budget means atleast 20 million today + advertising costs + (you need it to make some net profit, breaking even is not a success).