Apple is targeting their new Apple iPhone advertisement towards small business states an article on WSJ, whereby the prime-time TV ad states the iPhone can process credit card transactions using Inner Fence Credit card Terminal app, use Print & Share app to print labels for shipping and such.

This swing towards small businesses follows several key changes Apple has made to the Apple iPhone’s functionality and has already pleased business users with compatibility with Microsoft Exchange, push email, and calendar and contacts capabilities.

So could this move into the business market cause friction between Apple and Research In Motion’s BlackBerry for business customers?

Will businesses that use Blackberry smartphones now swing over the Apple iPhone? Who knows. You can view the iPhone advert below.