September 27, 2007
Apple Releases iPhone 1.1.1 Update
The iTunes 7.4 update might have heralded Apple's entry into the ringtones business. But third-party developers who offer ringtone creation tools of their own think there's enough room for more than one application-even one that comes directly from Apple.
PC World reports.
... "The toughest challenge facing third-party ringtone makers may not be drumming up interest in their product but in making sure their software stays compatible with the iPhone even after software updates.
The Recording Industry Association of America declined to comment when asked for its position on ringtone makers. However, record companies may not look too kindly on applications that circumvent users paying for a ringtone. In 2005, ringtones were estimated to bring in $2 billion annually for the record companies."
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