The mobile phone industry must improve the mobile music experience for consumers or risk losing out to new competitors like Apple, Warner Music Group's CEO warned Wednesday at the 3GSM World Congress.
Apple is in talks with the largest record companies as it attempts to boost the iPhone's offering of ringtones and other musical content, according to a report in The New York Times.
While we can't tell you just yet whether the iPhone will live up to the hype just yet, we can tell you what features the iPhone will offer and whether those features are the first of their kind.