Quote:
Originally Posted by a_Username
I recall that one article said that the last two quarters of this year would be slower than the first two? Someone appears to be wrong thus far.  |
Don't read too much into that prediction or hammer them too hard for making it, they're just responding to trends. Typically third quarter sales results are weaker for various reasons, in fact companies usually plan for it to end up that way.
The fact that GM is just about the have their IPO meant that, unlike the norm, it was in their best interest to have a better than average 3rd quarter, Throw in the fact that Ford posted good results too and the folks taking the 'safe bet' for 3rd quarter results look foolish to a lot of folks.
Ultimately, they were just going with the odds.