I don't see how this is a "quandary." It's just a product becoming obsolete. The new product, LED bulbs, doesn't fill the same market niche. There should be n

I don't see how this is a "quandary." It's just a product becoming obsolete. The new product, LED bulbs, doesn't fill the same market niche. There should be no expectation that the same companies that once produced incandescent bulbs should transition into making LED bulbs. At least in an economic sense, they are very different things. Thinking they are the same thing is like thinking that hard drives and cloud storage are equivalent to blank videotapes and cassettes, or camera film. They just aren't. If LED makers are failing to make money, that is because there is too much competition. Companies will exit the business until a new equilibrium is reached. The price of LED bulbs may go up, and that's ok.