Gibson has too many "Irons in the fire"/companys that don't earn enough money, That's why a new Gibson guitar cost's 1k to 6k.
Also seen a lot of quality control complaints from buyers on many forums. Some are minor and some not, but when paying so much money you would expect the guitar to be perfect. Paul Reed Smith(PRS) doesn't seem to have those issues.
A lot of people(including myself) think the biggest problem is Management related.
My first good electric was a Gibson.,but in my "old age" I have found that any guitar that costs more than $300 is overpriced.,,.I guess we all need to stock up on $5000 Gibsons before the bankruptcy.,.,oops except they are $4700 out of my price range.,.,I for one hope they pull it together .,Norlin owned Gibson when I got my first.,,.many folks were not in favor of their management style either.,.,
Saw a story about this that stated a management change would be a stipulation for any help/bailout/loans to Gibson.
So Henry's on the way out.
One of their biggest problems is Epiphone guitars. Epiphone's quality has gone up over the last couple years and their pickups are very good, some have Gibson pickups in them or spot on clones. Craftsmanship is just as good and quality control is great.
So why buy a Gibson for 1k to 6k when you can get a Epiphone Pro for 600 to 800? Gibson made in the USA is good if you like to support your country's companies, but for people that are living at a low income level and struggling musicians will always have to buy cheaper.
Gibson came out with the Zero line and the SL line for low cost options made in the USA, but they are cheesy looking in some ways and use very cheap materials when compared to the Epiphone. Not a good choice if you ask me.
Gibson should have dropped the companies that are bleeding them dry.
I agree!..they became competitors with themselves, they should have never offered a mass produced guitar with such good quality, even if it was under a different label...there is no need for the average joe to ever buy a Gibson.
I guess they figured they would get the Epiphone money since they own them, but why allow them to undercut your other business?
It'll be interesting to see what happens when new management takes over.
I just recently started hearing about this. Sad, but what I read is that it is true. I have owned 2 Gibsons and wish I still had at least one.
I had a Norlin era LP Studio That I hated getting rid of.
Good one, Jim.
It sounds like most of the industry is suffering, mostly due to a lack of new (young) people wanting to play guitar. Nobody mainstream to emulate these days I guess.