Because they’re not down as far as everyone thought they’d be. Yay!
It’s come to this, has it? When things are less sucky today than they were yesterday, we’re happy, even though things are still, well, pretty darned sucky.
From the New York Times’ Wheels blog:
“For the first quarter, net income fell to $33.3 million from $117.3 million a year earlier. As bad as that was, it was still better than Wall Street analysts had forecast.”
Read the rest here.