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What is vaporware?

What is vaporware? Here are some definitions.

Noun
  1. (computing) An advertised product, often computer software, whose launch has not happened yet and might not ever happen.
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While some have accused the product of being vaporware, it certainly is getting plenty of attention.
The primary problem was the cumbersome laptop, and enterprise handheld computing was still vaporware at the time.
Yes, clearly, some of these technologies are overhyped or vaporware, and some may go nowhere.
On the other hand, a wonderful sounding but completely vaporware offer from the usual suspects.
The pat-down story was the equivalent of vaporware — it seemed as if something huge was about to happen, but it turned out that it was a story about a story, the noisy, fervent sound of a news system feeding on itself.
It might end up as vaporware or simply not live up to the awesome impression that publishers can gin up in a short, canned demonstration.

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