How to create your own iPhone ringtones

Some iPhone users have been creating their own ringtones for years, which sometimes comes as a surprise to friends and family.

For those users, we've put together a how-to on making your own ringtones without plunking down extra cash every time you want to change things up.

Source:
http://arstechnica.com/apple/guides/2012/02/how-to-create-your-own-iphone-ringtones.ars