in 2003 as a way of reflecting the evolution of the company into a diverse supplier of technology
products and services. In 2005, Dell topped Fortune’s list of “Most Admired Companies.”
Fiscal year 2005 (Dell’s fiscal year ended in early February or late January of the same calendar
year) was an outstanding year in which the company earned $3.6 billion in net income on
$55.8 billion in net revenue.