IBM will report net income of 98 cents a share on sales of $21.4 billion, up from three cents and $19.65 billion in the same period a year earlier, according to the average estimates of analysts polled by Thomson.

Dell, the world’s largest PC manufacturer, has said it will cut 3,000 to 4,000 jobs and force other employees to take unpaid time off as it struggles with weak demand for computer systems and services.