Though the U.S. economy appears to be slowly recovering from the Great Recession, recently. Last week's jobs report from the U.S. Bureau of Labor Statistics showed that the overall unemployment rate for September was 7.8 percent -- the lowest point since U.S. President Barack Obama took office. But things were not looking up for IT. In September, the IT industry lost 1,700 jobs, according to the report.

Next week some of the biggest names in IT will be reporting earnings. IBM, Microsoft, Google, AMD, Intel and Nokia are all due to report, and IT market watchers will get a broader picture of how the tech market is doing.