Analyst - slow Spring sales ahead, no new consoles til 2013, Wii HD still coming

“We note that video game software sales typically peak in the year prior to the introduction of a new generation console, as many consumers begin to slow purchases in anticipation of purchasing a new console the next year. We do not expect a ‘new; console in 2010 (other than the long-rumored high definition Wii, which is likely to upgrade the Wii to current console technology). We do not expect the ‘next’ generation to begin before 2013, if at all. We remain convinced that the publishers will resist the introduction of any video game hardware technology that requires a refresh of software, as the publishers have as yet to capitalize on the immense investments made in being competitive in the current cycle.” - Wedbush Morgan analyst, Michael Pachter

Mr. Pachter believes that things will pick up in the Summer, with Wii MotionPlus and EA Sports Active being big movers. Check out Mr. Pachter’s full comments here