That’s right, during today’s “stevenote” Steve announced that the iTunes store will be selling Ringtones. The Ringtones will cost 99 cents, plus the cost of the original song on iTunes. So for just $1.98, you get a full song to play on your computer and iPod as well as a Ringtone for your iPhone.

Most Ringtones you purchase are “pre-cut” for you. Basically, you don’t get to choose what part of the song you want. With iPhone Ringtones, you get to choose the length and section of a song you would like to use.

More rumors are floating around for the apple event coming up on Wednesday, this time explaining the whole line of upgrade. Digi Times claims to have information from an insider in Taiwan. But, as with all rumors, take this with a grain of salt (or a heaping table spoon). The new iPod video is said more »

This just in from the NY Post. On September 5th, Apple is supposedly going to announce custom ringtones for the iPhone. Users can buy a song from the iTunes music store and select a portion of it as the ringtone. In stark contrast, offerings from rival providers like Sprint or T-Mobile are currently pre-determined. The more »