A comparative analysis of their performance and stock evaluation
The purpose of this report is to compare Dell Inc. and Hewlett-Packard Co.; their backgrounds, their financial strength, and the trends of their stock portfolios. Both companies exhibited similarities, not only in their field, but also their performance over the last several weeks. After analyzing the two companies one stands ahead of the other, and those findings are laid out throughout this report. Let’s start by taking a look into each of the company’s backgrounds.
Dell Inc. – Dell was founded in 1984 by Michael Dell. With only $1,000 he immediately started making waves in the technological industry. In just 2 years Dell already had the industry 's fastest performing PC — a 12MHz, 286-based system. In 1988 Dell decided to go public and the following year they released their first laptop computer. In 1992 Dell finds itself on the Fortune 500 for the first time, making Michael Dell the youngest CEO to accomplish this feat. The 1990’s continue to be successful for the company, ending the decade #1 in PCs in the U.S., #1 worldwide in PCs for large and medium businesses and #1 in worldwide workstation shipments. Then on February 5th, 2013 Dell announced that Michael S Dell and Silver Lake would acquire the company. Today the company employs over 108,000 full time employees, has 2013 first quarter revenue of over $14 billion, and profits of over $3 billion (Dell Inc. Company History, n.d., Dell Inc. Company Profile, n.d.).
Hewlett-Packard Co. – Hewlett-Packard was started in 1938 by friends Bill Hewlett and Dave Packard. Much like Michael Dell they started with just over $500, but turned that into one of the largest technological companies in the world. HP didn’t introduce their first computer until almost 30 years later when in 1966 they unveiled their first computer, the HP 2116A. Throughout the 1970’s and 1980’s HP produced some of the first
References: Dell Inc. Balance Sheet (n.d.). Retrieved March 17, 2013, from Yahoo Finance website: http://finance.yahoo.com/q/bs?s=DELL Dell Inc. Company History (n.d.). Retrieved March 17, 2013, from Dell website: http://www.dell.com/Learn/us/en/uscorp1/about-dell-company-timeline?c=us&l=en&s=corp&cs=uscorp1 Dell Inc. Company Profile (n.d.). Retrieved March 17, 2013, from Yahoo Finance website: http://finance.yahoo.com/q/pr?s=DELL+Profile Dell Inc