US software sales expected to hit $10 billion in December, says analyst

Lazard analyst Colin Sebastian said the the research firm expects US software sales to round the $10 billion mark "for the first time."

On the whole, the US market was up from five to ten percent in spite of the current economic crisis.

What won't really come as a surprise to anyone is that Lazard says Nintendo dominated the market for the month, saying the family friendly Wii sold over 3 million units.

Of the other two, Sebastian added:

""We also believe Xbox 360 sales benefited from the fall price reductions, particularly with the Arcade console now at a $199 value price point."

"While the PS3 continues to lose market share, we note that publishers and retailers alike are anticipating a price reduction on the platform this year," he said.

The official NPD numbers are released tomorrow evening at circa 0030 CET. Make sure you're right here to get them when they arrive.

Thanks, Edge.

By Mike Bowden