After releasing an entirely new lineup of iPods, Apple has also launched an iTunes Wi-Fi music store for the new iPod touch along with a new version of iTunes for customers to purchase ringtones for their iPhone. Customers must first pay $0.99 for a song from iTunes, then another $0.99 for the privilege of using that song as a ringtone. The new version of iTunes will include a utility to create ringtones based on any 30-second segment from a song complete with fade-in and fade-out. iPod touch owners will be able to use their Wi-Fi connection to logon to iTunes from any wireless hotspot to download individual songs or complete albums.

For more information, please visit Apple's Wi-Fi Music Store page.