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What is planned obsolescence?

What is planned obsolescence? Here are some definitions.

Noun
  1. A policy of deliberately planning or designing a product with a limited useful life, so it will become obsolete or nonfunctional after a certain period.
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There is some anecdotal evidence that some software vendors install kill switches in their software to enforce planned obsolescence.
Until recently I had an old Cadillac, and it was built with something we used to call planned obsolescence, where it was supposed to be serviced frequently.
It does this by introducing planned obsolescence into the organism itself.
An end to planned obsolescence, where products are designed for a limited life, is essential.
This planned obsolescence is a deliberate attempt to beat the rivals in the survival-of-the-fittest race.
His glumness should have warned me that planned obsolescence has reached the level of infinite jest.

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