Apple's profit up 26 percent on iPhone boom

October 21, 2008 By JESSICA MINTZ , AP Technology Writer Apple's profit up 26 percent on iPhone boom (AP)

School children take a class using Apple MacBook Pro laptops at an Apple store in Palo Alto, Calif., Thursday, Oct. 16, 2008. Apple Inc.'s fiscal fourth-quarter report, is expected after the market close Tuesday, Oct. 21, 2008. (AP Photo/Paul Sakuma)

(AP) -- Apple Inc. said its profit jumped 26 percent in its fiscal fourth quarter as the newest iPhone 3G outsold the market-leading BlackBerry from Research in Motion Ltd.

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