Analyst says Wii profits highest in Europe and U.S.

That is profit on each console sold. And, we all know how the Wii is killing all of the other consoles on the market, so Nintendo is definitely swimming around in cash. But, where is it in Nintendo's best interest to sell consoles?

According to Nikko Citigroup games analyst Fukuda, the company isn't making that much money on each Wii sold in Japan. In the region, Nintendo only makes 1,500 Yen (or $13 US) on each console sold. This is crushed by profits made in other regions.

In the United States, Nintendo makes 5,600 yen ($49) in profit. In Europe, Nintendo makes 8,500 yen ($74) profit. When compared to its competitors (who have yet to see profit on a single console sold), it's no wonder that Nintendo is back on top.