The Complete Story of Dell See These Resources For The Whole Story
Dell had a small start with an initial investment of one thousand dollars and grew to a multibillion-dollar company. It started while Michael Dell was attending the University of Texas back in 1984 when he decided to start PC’s Limited.
Points of Intrest:
Michael dropped out of college at the age of 19 to run his business full-time. That same year, he began to build PCs. By the second half of his freshman year, he had already sold computers worth $80,000.
The PC’s Limited released its first computer, Turbo PC, using Michael’s design. The designs were in such high demand that the company expanded quickly.
Micheal renamed the company in 1998 to Dell Computer Corporation.
The following year, Dell released its first notebook computer, “316LT,” and as the year progressed, the company advanced in mobile technology.
In 1992, Dell made the Fortune 500 Company List, which is less than a decade after Michael began the company.
Dell was the first company to provide lasting lithium-ion batteries for its computers.
In 1996, Dell began using an online platform to sell its computers, offered at competitive prices, and this gave them the edge to replace Compaq Computer Corporation as the largest PC seller in the US.
One of the keys to the company’s success was the ability to customize your computer with different options that the company offered. For example, if you wanted to increase the RAM or the hard disk space, it was simple — which was unlike the competition, which did not have customization options.
Another key was you could call the company and place your order. The call-in option also allowed the company to hold minimal amounts of stock and would build the computers according to the orders.
In 2006, Dell Inc. experienced a setback leading to a 4.1 million laptop battery recall; this alone cost them the title of the world’s biggest PC manufacturer to Hewlett-Packard.
In 2007, Dell.com became the No. 4 largest US e-commerce site, with about $4.2 billion in sales annually.
More About Dell Computers:
For the complete story and look into the company’s strategies, financials, reputation, and culture, have a look through the resources included in this post for the complete story of this success story.
Sections Included in This Post:
- The History of Dell
- Dell Founders
- Dell Executive Team
- Mission Statement of Dell
- Dell Acquisitions & Subsidiaries
- Dell Ownership And Investors
- Facts about Dell
- Business and Marketing Strategies Used by Dell
- Dell Competitors
- Dell Company Culture
- How Does Dell Treat Its Employees?
- The Reputation of Dell
- Dell Company Complaints and Lawsuits
- Dell Failures
- Inside the Success of Dell
- The Latest About Dell
- Latest Search Results Related to Dell
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The History of Dell
Dell Executive Team
Mission Statement of Dell
Dell Acquisitions & Subsidiaries
Dell Ownership And Investors
Products and Services Offered by Dell
Facts about Dell
Business and Marketing Strategies Used by Dell
Dell Company Culture
How Does Dell Treat Its Employees?
The Reputation of Dell
Dell Company Complaints and Lawsuits
Inside the Success of Dell
The Latest About Dell
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