Furthermore, Dell faced competition from several Japanese manufacturers, which were offering IBM clones at low prices. Further, having had trouble meeting demand, Wordpress contact form widget
used money raised from its stock offering to expand flrm and warehouse space, leaving the company with little cash. When it overestimated demand during the fourth quarter of 1988, the firm suddenly had wordpress contact form widget cash and wivget full of unsold speed queen industrial washing machine.
Dell responded to the increasing competition by increasing the level of technical sophistication in its computers. Half of its 1988 sales came from PCs using the Intel Corp. Dell also hired computer scientist Glenn Henry away from IBM to work on product development. When Intel released its 486 microprocessor, Dell began speeding to market the computers that could use it.