Dont just start paying itunes for every song you want to download into your apple iphone. Its time you need to try out some different software applications which can help you in composing or converting your normal Mp3 based ringtones to iPhone ringtone formats.

Download Link @ Dvdtoiphone.net

Here are some of the conversion possibilities :
1. MP3 to iPhone Ringtone, MP3 as iPhone Ringtone Converter.
2. WAV to iPhone Ringtone, WAV as iPhone Ringtone Converter.
3. OGG to iPhone Ringtone, OGG as iPhone Ringtone Converter.

Within a minutes time you can instantly and you dont need a Mac for using this application as its compatible with Windows XP, Windows Vista, 2000, 2003 and more. Its a free application for making iphone ringtones and you dont every need to make any payments, just convert the Mp3,WAV or OGG format files and use them on your iphone ringtones.

If you are looking for a reverse case, then check out iTunes to MP3 Format Conversion

Process of Adding Mp3 File to the application and converting to iPhone audio format.

Transferring the converted Ringtone to Apple iPhone directly via iTunes.