The Top 15 Vaporware Products of All Time
Palm Computing's founder, Jeff Hawkins, is a lucky guy. What few people have done once--define a product category--he has done twice, first with the original PalmPilot PDA and later with Handspring's Treo smart phone. (Both categories existed before Hawkins' inventions, but Palm's products made them accessible enough for nontechnophiles to latch on to.)
On May 30, 2007, Hawkins went for the hat trick when he announced the Palm Foleo, a $499 Linux-based subnotebook designed to synchronize with a smart phone so that business travelers could, among other things, work on documents and e-mail without cramping their thumbs.
Even such notable features as its 2.5-pound weight and its instant-on feature failed to muster more than a collective "Why?" from the digerati. Stuck somewhere between a PDA and a notebook in power and size, it seemed to be only an extra device to carry around, with too much feature overlap.
Our own Editor in Chief Harry McCracken was part of the vocal minority who thought that the Foleo was being hastily prejudged, and hands-on reviews alternated between positive and negative. Barely three months after Hawkins presented the Foleo, Palm pulled the plug on it, citing a need to "get our core platform and smartphones done first." McCracken agreed, writing that the "Foleo was likely to be a distraction at a time when Palm couldn't afford to be distracted--and probably a LifeDrive-like flop, too."
Some people might argue that Hawkins could yet be vindicated, as low-cost, lightweight laptops such as the Asus Eee PC seem to be catching on despite being underpowered--good enough for some tasks, but not as feature-packed as a full-featured notebook.
http://www.pcworld.com/article/id,145351-page,4-c,technology/article.html