Just a few days ago Lazard Capital Markets analyst Colin Sebastian gave his sunshiny assessment of the gaming industry, saying that it will experience a very healthy growth in the next few months. Now, more analysts are agreeing with Sebastian's predictions, with several even issuing their mea culpa for terribly understating the gaming industry's growth in February.

Consider the numbers given by Benjamin Schachter, an analyst from USB Investment Research:

While new releases during the month, such as Devil May Cry 4 (Capcom, 529,000 units across two platforms) and Xbox 360 exclusive Lost Odyssey (Microsoft, 204,000 units) sold well, overall software dollar growth continues to driven primarily by the big hits from the 2007 holiday, including Call of Duty 4, Guitar Hero 3, and a nice showing from Rock Band (in terms of dollars, Rock Band on the Xbox 360 was the number one title, a milestone for this franchise).