Ready-made iPhone Ringtones May Be On the Way

Apple's media event on September 9 will likely usher in new iPod models, and now word is surfacing that ready-made iPhone ringtones may be introduced as well. Apparently Apple has secured the rights from the music labels to sell the ringtones and is hoping to have everything in place in time for next Wednesday's event, according to CNET News.

Assuming Apple really is planning on offering iPhone ringtones through the iTunes Store, the record labels are most likely doing a happy dance since the profit margins on song clips as ringtones tend to be substantially higher than full track purchases. In many cases, song clips as ringtones can sell for as much as US$3, although Apple is expected to sell them for less.

Apple sent special invitations to the media at the beginning of this week for its iPod-themed "It's Only Rock and Roll" press event on September 9. Apple has announced new iPods at similar events in the past, and it's generally assumed the company will do the same next week.

Be sure to check in with The Mac Observer on September 9 for our on location event coverage.