Announcing a product ahead of time is a popular way to gain competitive
advantage and potentially to spoil rival companies' sales. It's a
practice that's not limited to the technology industry where wannabe
hardware and software has become so prevalent it has been aptly labelled
"vapourware". Some prematurely announced products never make it to
market or are delivered late, leaving consumers incredulous or
frustrated. But vapourware is not all bad, argues Jay Pil Choi, a
professor of economics at the Australian School of Business. Besides,
with the threat of reputational damage, over-eager corporations need to
be sure to deliver the goods.