With recent updates to iTunes, Apple removed the native funtion that allowed you to create ringtones from the songs you've purchased. You can still purchase ringtones directly from iTunes for about a buck, but seriously, who would wanna pay a $1 for a 30 second clip of music that will get old in three weeks? That's where we step in and bring you our tutorial on how to use iTunes to create iPhone ringtones using any track you've got in your library, completely for free. Yep - you aren't limited just to tracks purchased from iTunes, and you don't have to give up any money that would be better spent on something at the dollar menu at the nearest drive-thru. Read on for our full walkthrough!