The mobile phone industry has come a long way since monophonic MIDI ringtones chirped their way into people’s hearts. These days, just about anyone and anything who’s anyone or anything has a ringtone.

Last year in the United States, ringtones raked in about $500 million, and are projected to increase that total by another $100 million this year. And that’s nothing compared to the 2005 global total of $4.4 billion. [Read more]

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