Thursday, 17 September 2009

Dell Computers

Dell Computers was founded by student Michael Dell in 1984 as PC's Limited with capital of $1000.

Operating from his dorm room he sought to sell PCs, built from stock components directly to customers, thereby having a better understanding of customers' needs and provide the most effective solutions to meet those needs.

He borrowed about $300,000 from his family and dropped out of school to build his business.

By 1985, the company was selling PCs, through ads in magazines, directly to customers, and assembled each PC according to options selected by the customer. This offered buyers prices lower prices than those of retail brands. It worked...the company took $70 million in its first year

By 1992, Dell Computer Corporation was in Fortune's list of the largest 500 companies in the World.

By 1996, Dell began selling computers via its web site.

By 2007 Dell's 23 year journey had taken it from $1000 in a student's dorm to an annual turnover in excess of $50 billion

Ah the American Dream


This Dell Computers blogpage is copyright Jon Bratton 2009

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