The History of Dell - Michael Dell, in 1984 founded Dell in order to directly serve their customers with computers that meet their needs. The company was called PC’s Limited and he was still a student at University of Texas at the time. The following year, Dell came out with th...
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The History of Dell
Michael Dell, in 1984 founded Dell in order to directly serve their customers with computers that meet their needs. The company was called PC’s Limited and he was still a student at University of Texas at the time. The following year, Dell came out with their very first computer called the Turbo, which had an eight-megahertz processor. The major goal was to produce personal computer systems that were IBM compatible and were produced or entirely stock parts.
What set the company apart was not just its consumer-oriented focus but also its allowance for people to customize their computers during the ordering process. Because each computer was individually assembled, this was possible.
The company grossed 73 million dollars in the first year. The company went public in 1988 offering shares for $8.50 a piece.
The first Dell laptop made its debut in 1991 and by 1993, it became one of the top five computer companies in the world. By 1995, those $8.50 shares were worth $100. The progress of the business was rapid and in 1997, Dell had shipped its ten millionth system.
In 1996, Dell began selling their products through their website and three years later they took over Compaq
Jumping forward a bit, in 2003, Dell introduced their first Dell printers for the public, including those intended for the average consumer and businesses. Dell printers are known for being versatile and easy to use, however a recent development has brought skepticism to the company when Lexmark began working with them whom modified their cartridges so that they don’t work with Dell printers.
However, Dell has a long track record with customer satisfaction, at the very least in regards to their computer products.
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