The Lounge is rated Safe For Work. If you're about to post something inappropriate for a shared office environment, then don't post it. No ads, no abuse, and no programming questions. Trolling, (political, climate, religious or whatever) will result in your account being removed.
The days of teenagers motivated to pick up an ax and learn a few chords is long gone. They're all playing their virtual games and strumming on their air guitars, if that even. Besides, a good guitar (or any instrument) doesn't have the built in obsolescence that the typical product nowadays.
They're also used to being kept in low- and no-stress situations. So, having to actually do something - by that I means, something real - means they might not get immediate success. Or ever achieve success at all. It's better to just make sure the earbuds fit snugly.
By buying up other companies that have little to do with your core business (the guitars) and investing in concepts that did not pan out like all of the synthesizer stuff they were doing. None of those have added anything besides debt and losses to their bottom line.
I have to admit I've never been that much of a fan of Gibsons. They are heavier than I like for gigging and if you want a cheaper equivalent, later model Epi's are just as good. My biggest problem with them, certainly for the LPs, they are prone to headstock breakage. I've lost count of the people I know who've had to end up getting their headstock repaired - there's just an inherent weakness in the neck. Of course, I am known for being a fan of super strats, Ibanez in particular, so I might be biased.
A les paul does play very smoothly though. Also heard Tokais are very good.
I have one of each (strat and les paul (well, its a custom built in les paul style)). The les paul supports a lower action, plays quicker, and has way more punch from the humbuckers. The strat is twangier, lighter, more comfy, and has the whangy bar of course.
It has been coming these past few years with quality going down the drain since 2005'ish (or a bit after, mine is from 2005 and is an excellent instrument). Their acquisitions all over the place didn't do them much good.
My guess is they will sell most of their non-core assets and try to find some investors for the core products.
That's what I thought, then a guitarist friend of mine (I'm a bass player) showed me the massive difference between old 50's & 60's Les Paul (which he had just inherited) and his 1994 model he had from new. The wood that was used in the '60s was older growth, not intensively grown meaning it was denser where as new growth wood is less dense. Gibson made a big thin out of tone which has changed despite there best efforts. The issue was pretty much the same when Fender were facing it the 1980's , combined with a Chairman who did his best to spread out to many weird and wonderful things the holding company looks ill. I don't imagine the brand will fall completely, I wonder if it comes to that wether Legend will look to pick it up?
True, but Fender almost bit it and came back. The wood issue affects all of the makers today. I think the actual fault was taking over companies in trouble and wasting there assets, with out any benefit...