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Video Game Sales Grow 6% in March

Video game sales rise 6% in March, led by Nintendo.

(Video game sales article updated with GameStop upgrade.)



) -- Video game sales grew 6% in March, following two months of double-digit declines.

According to the NPD Group, sales hit $1.52 billion, boosted by


gaming systems, new "Pokemon" games and


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God of War III


Software sales jumped 10% to $875.3 million, significantly better than the 3% gain analysts predicted. Hardware sales, however, fell 4% to $440.5 million, as prices of consoles were down 16% compared with last year.

Nintendo's Wii continued to be the best-seller, with 557,500 units purchased.


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sold 338,400 units of its Xbox 360, while Sony's PlayStation 3 saw 313,900 units purchased.

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TheStreet Recommends

The video industry has been receiving some upbeat news. On Thursday,

Activision Blizzard

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upped its full-year earnings, citing strong demand for games like

World of Warcraft


Call of Duty: Modern Warfare 2


The company now expects to earn 72 cents a share for the year, up from its prior forecast of 70 cents.

Shares of Activision are rising 1.6% to $11.85 in morning trading.


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was also upgraded to buy at BB&T Capital. Shares of the video game retailer are gaining 2.1% to $24.94 in morning trading, even as the rest of the retail sector takes a hit.

-- Reported by Jeanine Poggi in New York.

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