Dell Inc. – Company Information

Dell Inc., is an American multinational information technology company based in Texas.

The company focuses on the development and marketing of computers and computer related products (printers, software, monitors, storage units, etc.)

Dell Inc., used to be a publicly traded company (NASDAQ: DELL) until it was bought out and made into a private company on October 30, 2013.

The company was founded in 1984 by Michael Dell. Dell was a student at the University at Texas, Austin, and used his college dorm room to build IBM-PC compatible custom computers from stock components.

The first originally designed was produced in 1985 – the Turbo PC. Dell experienced significant success in its first year of operation – generating over $73 million USD.

It is the second largest non-oil company in the state of Texas (after AT&T).

Dell Inc. – Products and Services

Dell Inc., provides IT solutions and produces PCs, servers, storage devices, network switches, software, computer peripherals, monitors, printers, and other electronic devices.

Dell Inc. – Company Overview

  • Chairman and CEO: Michael Dell
  • Type: Private
  • Headquarters: Round Rock, Texas, United States
  • Employees: 108,800 (2013)
  • Founded: February 1, 1984
  • Owners: Michael Dell, Silver Lake Partners
  • Company subsidiaries: Alienware Corporation, Compellent Technologies Inc., Force 10 Networks, Inc., Perot Systems Corporation, SonicWALL Inc, SecureWorks Inc.

Dell Inc. – Financial Results

Key figures (in millions of USD) 2013 2012
Revenue $56,940 $62,071
Operating income $3,012 $4,431
Income before income taxes $2,841 $4,240
Net income $2,372 $3,492
Total assets $47,540 $44,533
Total cash equivalents (fiscal year ended) $12,569 $13,852
USD
Net earnings per share – basic $1.36 $1.90
Net earnings per share – diluted $1.35 $1.88

Source: Dell Condensed Consolidated Statement of Income and Related Financial Highlights


 


Discover more from Market Business News

Subscribe to get the latest posts sent to your email.