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The company Dell was founded by Michael Dell in 1984 with just $1000 while he was studying at the University of Texas at Austin. In the computer industry he was the longest-tenured executive to ever lead a company. In 1985, the company came to produce the "Turbo PC" which was the first computer of its own design. Dell decided to drop out from school to run his new business full time. In 1999, Dell became the largest sellers of personal computers in the USA and called itself "Dell Inc."
Today Dell's selling point is that by retailing computer systems directly to its customers, it is in a position to understand customer needs and provide effective solutions. Their direct business model thus eliminates middle men that usually add unnecessary time and cost. This allows competitive prices and enables them to introduce latest technology much faster and they can turn over inventory on an average in just under five days.
Dell has had its fair share of criticism and Dell and Sony on August 14, 2006, recalled over 4.2 million notebook batteries due to flaws in the Sony-manufactured batteries.
answered 2 years ago
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