Michael Dell, in 1984 founded Dell in order to directlyserve their customers with computers that meet their needs. The company wascalled PC’s Limited and he was still a student at University of Texas at the time. The followingyear, Dell came out with their very first computer called the Turbo, which hadan eight-megahertz processor. The major goal was to produce personal computersystems that were IBM compatible and wereproduced or entirely stock parts. The company grossed 73 million dollars in the first year.The company went public in 1988 offering shares for $8.50 a piece.The first Dell laptop made its debut in 1991 and by 1993, itbecame one of the top five computer companies in the world. By 1995, those$8.50 shares were worth $100. The progress of the business was rapid and in1997, Dell had shipped its ten millionth system.
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