Dell 1999 Annual Report Download - page 2

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended January 28, 2000
Commission File Number: 0-17017
Dell Computer Corporation
(Exact name of registrant as specified in its charter)
Delaware 74-2487834
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification No.)
One Dell Way, Round Rock, Texas 78682-2244
(Address, including Zip Code, of registrant's principal executive offices)
[phone]
(Registrant's telephone number, including area code)
Securities Registered Pursuant to Section 12(g) of the Act:
Common Stock, par value $.01 per share
Preferred Stock Purchase Rights
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not
be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III
of this Form 10-K or any amendment to this Form 10-K. [ ]
Aggregate market value of common stock held by non-affiliates of the registrant as of March 24, 2000 $ 124,995,093,710
Number of shares of common stock outstanding as of March 24, 2000 2,586,748,307
DOCUMENTS INCORPORATED BY REFERENCE
The information required by Part III of this Report, to the extent not set forth herein, is incorporated by reference from the Registrant's
definitive proxy statement relating to the annual meeting of stockholders to be held in July 2000, which definitive proxy statement will
be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year to which this Report relates.
Statements in this Report that relate to future results and events are based on the Company's current expectations. Actual results
in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties.
For a discussion of factors affecting the Company's business and prospects, see "Item 1 — Business — Factors Affecting the
Company's Business and Prospects."
PART I
ITEM 1 — BUSINESS
General
Dell Computer Corporation (the "Company") is the world's largest direct computer systems company, with revenues of $25.3 billion
for the fiscal year ended January 28, 2000. The Company was founded in 1984 by Michael Dell on a simple concept: By selling
computer systems directly to customers, the Company could most efficiently understand and satisfy the computing needs of
customers. The Company offers its customers a full range of computer systems, including desktop computer systems, notebook