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• Michael Dell sticks to Win 7 big bang theory Larry Dignan

  ZDNet - Found Nov. 20, 2009 Dell chief Michael Dell is projecting a Windows 7 upgrade cycle that could put PC growth well into the teens. Whats unclear is whether Dell will be... Video: Dell: PC Sales Picking Up - MSNBC Michael Dell sticks to Windows 7 big bang theory - ZDNet Windows 7 sparked surge in business demand for PCs - NetworkWorld Delve Into Dell's Misery - Motley Fool Explore All

  International Business Times

• Shares of Dell Drop Nearly 10%

  FOXNews.com - Found Nov. 20, 2009 When Dell founder Michael Dell returned to the company as CEO in 2007, Dell got back on track to regain business lost to other computer... Picks of the Week: Intel, RIM, Wells Fargo - BusinessWeek BUY OR SELL-Can Dell rebound as PC spending returns? - Interactive Investor International Dell Stock Gains May Slacken - MSNBC Stock Picks: Dell, Gap - BusinessWeek Explore All

  Seeking Alpha

• Flat Shipments Hurt Dell Despite Increased Earnings

  NewsFactor Network - Found Nov. 21, 2009 IT demand that is continuing into the fourth quarter,' said Michael Dell, chairman and CEO. 'The same is true with momentum in Dell's business... Flat PC Shipments Hurt Dell's Stock - NewsFactor Network Flat Shipments Hurt Dell Despite Increased Earnings - Sci-Tech Today Flat PC Shipments Hurt Dell's Stock - Sci-Tech Today Explore All

• On the Call: Dell's CEO Michael Dell

  Ledger-Enquirer - Found Nov. 19, 2009 The company's CEO, Michael Dell, discussed the company's pricing strategy on a conference call with analysts. On the Call: Dell's CEO Michael Dell - Sun Herald Explore All

• 2nd UPDATE: Dell Profit Falls 54%, Disappoints Street

  Morningstar.com - Found Nov. 19, 2009 More recently, Dell shares were off 6.1%, to $14.90. Nonetheless, Chairman and Chief Executive Michael Dell said, 'We are seeing improvement... Dell Profit Falls 54%, Disappointing Wall Street - Smart Money Dell disappoints Wall St, shares slump - The Australian 12:48pmDell profit disappoints, shares slump - The Australian Explore All

• MarketWatch First Take: Dell fails to get peice of improving PC ...

  MarketWatch - Found Nov. 19, 2009 Founder and chief executive Michael Dell expects Dell to see benefits "more fully" from the launch of Windows 7 in its fiscal fourth quarter... Dell profits fall 54% as PC sales stumble - Times Online Dell Shares Slide on 3Q Earnings Miss - FOXNews.com Dell sees quarterly profits fall - BBC Dell Results Miss Expectations, Shares Drop - ABC News Explore All

  BBC

• Dell Looks to 2010 For Pickup In PCs

  New York Times - Found Nov. 17, 2009 Dell Chief Executive Michael Dell has been upbeat about 2010, saying he expects a 'powerful' wave of corporate spending on IT equipment. PREVIEW-Dell looks to 2010 for pickup in PCs - Interactive Investor International RPT-PREVIEW-Dell looks to 2010 for pickup in PCs - Reuters Dell looks to 2010 for pickup in PCs - International Business Times PREVIEW - Dell looks to 2010 for pickup in PCs - Reuters India Explore All

• NBC brings new media player features to Winter Olympics and NFL

  ZDNet - Found Nov. 16, 2009 14-09 Length: 00:04:09 Michael Dell brings self-service IT to the enterprise At Oracle OpenWorld in San Francisco, Dell CEO Michael Dell talks...

• Intel settlement and email

  CNN - Found Nov. 15, 2009 ... a call he had received from Michael Dell, Dell's then chairman: '[Michael Dell] opened by saying 'I am tired of losing business'... 'Dell is no... Intel unveils supercomputer chip, NEC partnership - CNET News.com Intel to unveil energy-efficient, many-core research chip - NetworkWorld After AMD: Intel's Next Big Battle - NewsFactor AMD Deal Could End Intel Legal Woes - NetworkWorld Explore All

  International Business Times

• Dell enters Chinese smartphone market

  TMC Net - Found Nov. 14, 2009 The Journal said the return of Dell's founder, Michael Dell, as chief executive in early 2007 has coincided with new strategies, such as using... Dell Mini 3i unboxed in China, capacitive stylus included - Engadget Dell Mini 3i officially set for imminent launch in Brazil and China - Engadget Is Dell's Android Smartphone Doomed? - NetworkWorld Dell to launch Android-based phone - Times of India Explore All

  Sun Herald

Michael Dell extracted from Wikipedia, the Free Encyclopedia, distributed under the GNU Free Documentation License

This article's tone or style may not be appropriate for Wikipedia. Specific concerns may be found on the talk page. See Wikipedia's guide to writing better articles for suggestions. (December 2007)

Michael Dell
Dell: founder, CEO, and chairman of Dell, Inc.
Born	February 23, 1965 (1965-02-23) (age 44) Houston, Texas, U.S.
Education	Attended University of Texas, Austin, 1983–1984
Occupation	CEO and founder, Dell, Inc.
Net worth	▲''$12.3 Billion (2009)1
Religious beliefs	Jewish
Spouse(s)	Susan Dell
Children	4

Michael Saul Dell (born February 23, 1965, in Houston, Texas) is an American multibillionaire businessman and the founder and CEO of Dell, Inc.

Contents 1 Biography 1.1 Early life and education 1.2 Career 2 Wealth and personal life 2.1 Philanthropy 2.2 Political lobbying and contributions 2.3 MSD Capital 2.4 Feud with Steve Jobs and Apple 2.5 Expansion 2.6 Innovation 3 References 4 Bibliography

Biography

Early life and education

Dell was born into a family which liberally practiced Judaism.² The son of an orthodontist³ and a stockbroker, Dell attended Herod Elementary School in Houston, Texas.⁴ Dell had his first encounter with a computer at the age of 15 when he broke down a brand new Apple II computer and rebuilt it, just to see if he could. Dell attended Memorial High School in Houston where he did not excel academically. During that time he did however exhibit formidable business instincts selling subscriptions for the Houston Post. Selling to newlyweds Dell made $18,000 and bought a car and three computers with it.⁵⁶

Career

While at the University of Texas at Austin, he started a computer company called PC's Limited in room 2713 of twenty-seven story residence hall Dobie Center.⁷.^{8clarification needed} The company became successful enough that, with the help of an additional loan from his grandparents, Dell dropped out of the university at the age of 19 to run PC's Limited, which later became Dell Computer Corporation, then ultimately Dell, Inc.

Over time, and despite a number of setbacks (including laptops that caught on fire in 1993, temporarily losing the consumer market to Gateway in the mid 1990s, and others), Dell survived the race to become the most profitable PC manufacturer in the world, with sales of $49 billion and profits of $3 billion in 2004. As Dell expanded its product line to more than computers, shareholders voted to rename the corporation Dell, Inc. in 2003.

On March 4, 2004, he stepped down as CEO of Dell but stayed as chairman of the board, while Kevin B. Rollins, then president and COO, became president and CEO. On January 31, 2007, Dell returned as CEO, succeeding Kevin Rollins (who resigned earlier in the day).⁹

Accolades for Dell include: "Entrepreneur of the Year" from Inc. magazine; "Man of the Year" from PC magazine; "Top CEO in American Business" from Worth magazine; "CEO of the Year" from Financial World, Industry Week and Chief Executive magazine. At a speech before the Detroit Economic Club in November, 1999, Dell defined the "3 C's" of e-commerce (content, commerce, and community) while articulating his strategy for offering a superior customer experience online.¹⁰

Wealth and personal life

As of 2009, Forbes estimates Dell's net worth at $12.3 billion.¹

Dell currently resides in Austin, Texas with his wife, Susan, and their children,¹¹ Kira, Alexa, and fraternal twins Zachary and Juliette.¹²

Philanthropy

On May 15, 2006, The University of Texas at Austin announced a $50 million grant from the Michael and Susan Dell Foundation to "bring excellence in children's health and education to Austin". The grant will enable the construction of three new facilities at the university. The first is the Dell Pediatric Research Institute which is expected to complement the new Dell Children's Medical Center nearby. The second is a new computer science building on the UT campus named Dell Computer Science Hall. The third is the Michael and Susan Dell Center for Advancement of Healthy Living, which is intended to address issues that affect healthy childhood development.¹³

In 2002, he received an Honorary Doctorate in Economic Science from the University of Limerick, in honor of his investment in Ireland and the local community along with his support for educational initiatives.¹⁴

Political lobbying and contributions

In 2005, Susan and Michael Dell were among 53 entities that each contributed $250,000 (the maximum legal donation) to the second inauguration of President George W. Bush.¹⁵¹⁶¹⁷

MSD Capital

In 1998, Michael Dell founded MSD Capital LP, a private investment firm, to invest in various small companies on Dell's behalf. According to reports, the firm tends to invest in "late stage" investments rather than early in a company's startup.

Feud with Steve Jobs and Apple

Michael Dell had a public war of words with Apple, Inc. CEO Steve Jobs, starting when Jobs first criticized Dell for making "un-innovative beige boxes". On October 6, 1997, when Michael Dell was asked what he would do if he owned then-troubled Apple Computer, he said "I'd shut it down and give the money back to the shareholders."¹⁸ In the 2001 Apple special Media conference Jobs said "Michael Dell has said some discouraging things about us lately in public, but we're not going to engage in that sort of thing". In 2002, Dell's online store started selling Apple's iPod music players.¹⁹ They stopped selling iPods in 2003, due to contract issues between Dell and Apple.²⁰ On January 13, 2006, Apple's market capitalization surpassed that of Dell.

Expansion

Michael Dell expressed his desire to expand Dell's market share in various countries such as Brazil, Russia, India, and China (BRIC). To this, Vladmir Putin responded by saying, "We don't need help. We are not invalids."²¹

Innovation

Dell has often been accused of a failure to innovate, but he insists the commercialisation of new technology is still high on the company's agenda. "Our global consumer business introduced double the number of products in 2008 than in 2007," he said. But Dell refuses to be drawn on questions relating to the company's entry into the smartphone market. "Ask me again in six months", he told Director magazine in April, 2009.²²

References

Bibliography

Michael, Dell; Catherine Fredman (1999). Direct From Dell: Strategies That Revolutionized an Industry. New York, New York: HarperColins Publishers. ISBN 0-88-730914-3. 

v • d • e Dell, Inc. Board of directors Don Carty · Michael Dell · William H. Gray · Sallie Krawcheck · Alan Lafley · Judy Lewent · Tom Luce · Michael A. Miles · Sam Nunn Computers Adamo · OptiPlex · Dimension · Precision · XPS · Latitude · Inspiron · Inspiron Mini · Vostro · Studio Servers PowerEdge · PowerVault · Dell/EMC Acquisitions Alienware · Dell EqualLogic Related Mergers and acquisitions · Axim · Digital Jukebox (DJ) · Monitors · Dell Support Center Annual Revenue: ▲$56.74 billion USD (2006) · Employees: 90,400 (2006) · Stock Symbol: NASDAQ DELL · Website: dell.com