(lifted from wikipedia, originally appeared in the inquirer)
what happened was a VP found a large stock of perfectly functional but slightly obsolete Osborne 1 motherboards. A model Osborne was transitioning out of and putting all it's focus on the OSborne Executive and Vixen. Apparently the Exec not realizing the cost of restarting Production for the Osborne 1, committed over 2 million dollars to get these MBs turned into functional product, and, slammed the company with 2 million dollars of accounts payable when cash flow was already staggering.
I have a friend that wants to buy a PS3 but doesn't because he is convinced the PS4 is just around the corner.
I tried to convince him of the opposite by telling to him that Sony just released a slimer version, but he replies that "Sony always releases a cheap version of the previous console before they launch the new one, like at the PSOne and PS2 slim". It didn't help my goal.
The best example I can think of goes back a few years, when Adam Osborne made the leading "portable" computer, the Osborne I. KayPro picked up the pieces when people didn't buy the Osborne I and waited for the Osborne II, which never arrived.
Over the long term, Andy Kay's mediocrity wasn't enough, and KayPro also disappeared.