So are the rumors about Apple’s (Nsdq: AAPL) planned announced Sep 5: The Los Angeles Times and The New York Post both reported Friday that Apple plans to let iPhone users purchase ringtones through the iTunes Store, in addition to unveiling new iPods next Wednesday. The Post reported that Universal Music would not be a part of ringtone deal, as UMG is already in a pricing-control tiff with Apple over its music downloads. More here.
NYP: The iTunes software update would allow users to turn almost any song sold through iTunes into a ringtone for an additional fee. The exact price was unclear, the story said. Also, iPhone users will have the ability to choose any part of the song they want as their ringtone.