Dell’s products include personal computers, servers, smartphones, televisions, computer software, computer security and network security, as well as information security services. It is the world’s 3rd largest personal computer vendor by unit sales as of January 2021, following Lenovo and HP Inc. Dell is the largest shipper of PC monitors worldwide.
The company’s milestone:
-In 1984, Michael Dell, a 19-year-old, pre-med college freshman starts selling computers built from stock components out of his dorm room at the University of Texas in Austin. He later drops out to focus on the business he names “PC’s Limited.”
– In 1985, PC’s Limited creates a 10-megabyte personal computer, the Turbo PC, with a pricetag of $795, undercutting IBM’s costlier machines. The business expands to set up its first international subsidiary two years later in Britain.
– In 1988, PC’s Limited changes its names to Dell Computer Corp and goes public, raising $30 million and increasing its market capitalization to $85 million. Its shares debut at $8.50, or a cumulative split-adjusted price of 9 cents.
– In 1989, First laptop computer, the 316LT, goes on sale.
– In 1990, Dell opens a manufacturing center in Limerick, Ireland, to serve Africa, Europe and the Middle East.
– In 1992, Company debuts on Fortune 500, making Michael Dell the youngest CEO on the list at the time, at age 27.
– In 1995, Dell goes global, expanding to Asia, Japan, Europe and the Americas.
– In 1996, Dell.com launches, hits $1 million in daily sales in six months.
– In 1997, Second manufacturing center in Texas opens, ships its 10-millionth PC.
– In 2000, Dell.com’s online sales hit $40 million a day.
– In 2001, Dell becomes No. 1 computer systems provider worldwide.
-In 2002, HP merges with Compaq to take No.1 spot in PC sales. Dell soon regains its top spot.
– In 2003, Company renamed Dell Inc.
– In 2005, Growth begins to slow and stock starts losing momentum.
– In 2006, A battery recall after a Dell laptop catches fire dents its image. After several quarters when its results missed Wall Street expectations, HP displaces Dell as No. 1 PC seller in the fourth quarter.
– In 2009, Dell launches Dell Services to drive its end-to-end IT services business. It also enters the smartphone market with the Mini 3i from China Mobile.
– In 2010, Dell starts selling the Streak, a 5-inch tablet.
– In 2011, Acquires Secure Works, RNA Networks and Force10 Networks, rounding out its enterprise capability.
– In 2012, Makes another half dozen acquisitions including storage protection company Credant Technologies and software manufacturer Quest Software.
– In 2014, Dell becomes the global storage leader in total terabytes sold. Dell also earns a spot on Ethisphere Institute’s Most Ethical Companies list.
– In 2015, Dell celebrates its highest customer satisfaction rates based on its vision as a private company. Dell also announces its intention to acquire EMC.
– In 2016, Dell merges with EMC to form Dell Technologies. It is the biggest tech deal in history, making Dell a global enterprise solutions powerhouse.
– On December 28, 2018, Dell Technologies became a public company, bypassing the traditional IPO process by buying back shares that tracked the financial performance of VMware.
According to en.wikipedia.org. Source of photo: internet