Dell traces its origins to 1984, when Michael Dell created Dell Computer Corporation, which at the time did business as PC's Limited, while a student of the University of Texas at Austin. The dorm-room headquartered company sold IBM PC-compatible computers built from stock components. Dell dropped out of school to focus full-time on his fledgling business, after getting $1,000 in expansion-capital from his family. In 1985, the company produced the first computer of its own design, the Turbo PC, which sold for $795. PC's Limited advertised its systems in national computer magazines for sale directly to consumers and custom assembled each ordered unit according to a selection of options. The company grossed more than $73 million in its first year of operation.
Dell traces its origins to 1984 , when Michael Dell created Dell Computer Corporation , which at the time did business as PC 's Limited , while a student of the University of Texas at Austin . The dorm - room headquartered company sold IBM PC - compatible computers built from stock components . Dell dropped out of school to focus full - time on his fledgling business , after getting $ 1,000 in expansion - capital from his family . In 1985 , the company produced the first computer of its own design , the Turbo PC , which sold for $ 795 . PC 's Limited advertised its systems in national computer magazines for sale directly to consumers and custom assembled each ordered unit according to a selection of options . The company grossed more than $ 73 million in its first year of operation .
How much did Dell profit in its first year?
How much did Dell profit in its first year ?
$73 million
$73 million