Dell Inc. initially named as PC’s Limited was started in the year 1984 by Michael Dell from the dorm room of the University of Texas at Austin to sell IBM PC- compatible computers that were built formmere stock components. Michael Dell then moved on to devote full time on his loved business with a $3,00,000 capital from his family.
The Company designed its first computers in the year 1985 named as Turbo PC priced at $795 which earned a revenue of around $73 million in the very first year of its operation.
The Company brought its IPO in the year 1988 and officially changed its name to Dell Computer Corporation to expand globally.
Dell one of the largest technological companies in the world was first listed in the list of Fortune 500 largest companies in the year 1992 and the same year recognized Michael Dell as the youngest CEO of a Fortune 500 company.
Dell focused individual consumer and household market late in the year 1997 to grab an opportunity amongst the PC savvy people who want to enjoy the convenience of direct buying o their means with fast delivery and high customer support services.
During mid till late 90s and through 2001, Dell continued to be the No. 1 in PC reliability and customer support services according to a consumer survey surpassing Compaq to be titled as the largest PC manufacturer.
Today Dell is expanding and growing into everything related to computer business b it servers, data storage devices amongst others aiming to deliver complete solutions for enterprise customers!!