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Analysts: Software Up 12 Percent In January, Wii Supply-Demand To Balance In Spring

As the NPD prepares to release its monthly sales figures for the video game industry, analysts predict a 12 percent year-over-year boost in software sales for January to the tune of $690 million.

"December sales were solid, even factoring the favorable calendar shift offset by the early effects of the recession," notes Wedbush Morgan's Michael Pachter.

"In addition, December next generation hardware unit sales were up significantly year-over-year, giving us confidence that solid performance will be sustainable well into 2009."

"We expect more modest 12 percent growth in 2009, and think that January is a representative month," Pachter adds.

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