-
IBM created a open architecture PC
The most significant event for the personal computing industry -
By Micheal Dell with the build-to-order model.
-
With only 1% of the U.S. market share, Dell went for growth & announced they were breaking from its direct-only business model.
With 2 years Dell reached the top 5 worldwide market share & increased sales by 268% compared to the industry with 5% -
Dell reported a $76 million dollars loss related to to sell-off excess inventory and the cost of a disappointing line and restructuring charges to consolidate European operations
-
Dell shifted its focus from exclusively growth to liquidity, profitability & growth.
-
As a direct marketer, with few suppliers, inventory control & and certification programs to new vendors. Dell became the first manufacturer of and entire line with Pentium technology
-
Dell reported revenue of $5.3 billion with net income of $272 million. Revenue was up %52 over the prior year compared with an industry increase of 31%