Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Felice Stephen J
2. Date of Event Requiring Statement (Month/Day/Year)
08/01/2005
3. Issuer Name and Ticker or Trading Symbol
DELL INC [DELL]
(Last)
(First)
(Middle)
ONE DELL WAY
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ROUND ROCK, TX 78682
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 19,549 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Nonqualified Stock Options   (2) 02/22/2009 Common Stock 80,000 $ 41.125 D  
Nonqualified Stock Options   (2) 08/12/2009 Common Stock 30,000 $ 41 D  
Nonqualified Stock Options   (2) 09/23/2009 Common Stock 50,350 $ 44.6875 D  
Nonqualified Stock Options   (2) 03/03/2010 Common Stock 76,191 $ 45.9375 D  
Nonqualified Stock Options   (2) 03/24/2010 Common Stock 15,686 $ 45.9 D  
Nonqualified Stock Options   (3) 08/22/2010 Common Stock 79,300 $ 37.5938 D  
Nonqualified Stock Options   (4) 08/22/2010 Common Stock 79,300 $ 37.5938 D  
Nonqualified Stock Options 02/12/2006 02/12/2011 Common Stock 20,796 $ 22.9375 D  
Nonqualified Stock Options 06/18/2006 06/18/2011 Common Stock 50,000 $ 24.09 D  
Nonqualified Stock Options   (5) 09/06/2011 Common Stock 15,774 $ 22.1 D  
Nonqualified Stock Options   (6) 03/07/2012 Common Stock 15,134 $ 27.64 D  
Nonqualified Stock Options   (7) 09/05/2012 Common Stock 64,716 $ 25.45 D  
Nonqualified Stock Options   (8) 03/06/2013 Common Stock 24,360 $ 26.185 D  
Nonqualified Stock Options   (9) 09/04/2013 Common Stock 72,280 $ 34.24 D  
Nonqualified Stock Options   (10) 03/04/2014 Common Stock 32,515 $ 32.985 D  
Nonqualified Stock Options   (11) 09/02/2014 Common Stock 29,705 $ 35.35 D  
Nonqualified Stock Options   (12) 03/03/2015 Common Stock 56,635 $ 40.17 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Felice Stephen J
ONE DELL WAY
ROUND ROCK, TX 78682
      Vice President  

Signatures

/s/ Thomas H. Welch, Jr., Attorney-in-Fact 08/03/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 100 shares held free of restrictions and 19,449 restricted shares lapsing as follows: 2,556 shares on 2/22/06, 5,000 shares on 6/18/06, 2,973 shares on 3/3 of 2009-2011 and 2,974 on 3/3/2012.
(2) Currently exercisable
(3) Exercisable as follow: 63,440 shares currently exercisable and 15,860 shares on 8/22/2005.
(4) Exercisable as follows: 31,720 shares currently exercisable and 15,860 shares on 8/22 of 2005 through 2007.
(5) Exercisable as follows: 7,887 shares on 9/6 of 2005 and 2006.
(6) Exercisable as follows: 7,567 shares on 3/7 of 2006 and 2007.
(7) Exercisable as follows: 21,572 shares on 9/5 of 2005 through 2007.
(8) Exercisable as follows: 8,120 shares on 3/6 of 2006 through 2008.
(9) Exercisable as follows: 14,456 shares are currently exercisable and 14,456 shares on 9/4 of 2005 through 2008.
(10) Exercisable as follows: 6,503 shares are currently exercisable and 6,503 shares on 3/4 of 2006 through 2009.
(11) Exercisable as follows: 5,941 shares on 9/2 of 2005 through 2009.
(12) Exercisable as follows: 11,327 shares on 3/3 of 2006 through 2010.

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