Michael S. Dell

Definition of 'Michael S. Dell'


A long-time CEO and chairman of Texas-based computer company, Dell. Mchael Dell is known for the computer company he started in 1984 under the name PCs Limited and now bears his name. The company grew rapidly and competed heavily with IBM, becoming a Fortune 500 company in 1992. Dell has been named to the Forbes lists of the world's richest people and America's highest-paid CEOs.

Investopedia explains 'Michael S. Dell'


Michael Dell was born in 1965 in Houston. His company, Dell, distinguishes itself from other computer manufacturers by allowing customers to order computers with customized specifications directly from the company rather than purchasing premade computers off the shelf in retail stores. It also developed a strategy to limit the company's inventory so it could rapidly and profitably adapt to changing technology. This business model allows Dell to be highly competitive both in price and in customer service. His success allowed him to create the Michael and Susan Dell Foundation with his wife in 1999 to improve the health and education of children living in urban poverty in the United States, South Africa and India.



comments powered by Disqus
Hot Definitions
  1. Benchmark Bond

    A bond that provides a standard against which the performance of other bonds can be measured. Government bonds are almost always used as benchmark bonds. Also referred to as "benchmark issue" or "bellwether issue".
  2. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
  3. Oil Reserves

    An estimate of the amount of crude oil located in a particular economic region. Oil reserves must have the potential of being extracted under current technological constraints. For example, if oil pools are located at unattainable depths, they would not be considered part of the nation's reserves.
  4. Joint Venture - JV

    A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture (JV), each of the participants is responsible for profits, losses and costs associated with it.
  5. Aggregate Risk

    The exposure of a bank, financial institution, or any type of major investor to foreign exchange contracts - both spot and forward - from a single counterparty or client. Aggregate risk in forex may also be defined as the total exposure of an entity to changes or fluctuations in currency rates.
  6. Organic Growth

    The growth rate that a company can achieve by increasing output and enhancing sales. This excludes any profits or growth acquired from takeovers, acquisitions or mergers. Takeovers, acquisitions and mergers do not bring about profits generated within the company, and are therefore not considered organic.
Trading Center