In trade form, yeah, but the magazines are really slipping. And I don't know all the details, but I think that many of the trades are published by imprints of larger publishers - so it's Pantheon who's selling all those copies of Black Hole and Ghost World, not Fantagraphics.
But (again, half-talking-out-my-ass here) publishing just had a complete meltdown a couple of weeks ago, so who knows what's up. What I've heard from acquaintances at FG and Soft Skull is that it's business as usual for those guys - they were never really making a whole lot of money anyway, and their core readership is pretty loyal and not going anywhere.
What really sucks about this is the same kind of inequity and instability that's happening in every other creative or quasi-creative industry: film/TV, newspapers, music (and theater, though it's been the status quo in theater for a few decades at least). Mega-corporations pursuing the bottom line in an industry that, in most cases, isn't really built to handle economies of such scale. This leads to some talent making huge paychecks while the "farm teams" that were previously feeders into the "big leagues" are totally starved, mostly on the assumption that people who want in want in so badly that they'll do it for free and use the internet to distribute their work.
One possible bright side to the collapse is that the little guys might emerge as winners - I know at least a few small theaters that are weathering this pretty well, as they're used to surviving on nothing, not unlike Fantagraphics and Soft Skull. Except once we all emerge from the rubble, we might find out that it's even less possible to make a living at any of this than it was before.
Blah blah blah
