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BUZZ-European chip makers set for poor start on Apple read

** Dialog Semiconductor (Xetra: 927200 - news) set for its worst open in 3 months after disappointing results from major customer Apple (NasdaqGS: AAPL - news)

** Apple shares down 7 pct after missing iPhone targets, forecast also weak

** Dialog called down 4-5 pct by brokers in pre-market

** Negatives expected for Imagination Tech and ARM (called down 2-3 pct), slight positive for Swatch (up 1 pct), which makes products competing with Apple's Watch

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)