Add to 
Apple has release the iTunes 7.3 which includes support for activating and managing your iPhone via Mac or Windows. If you’ve been lucky enough to get your hands on the new iPhone, be sure to get the update.
Along with this, iTunes 7.3 also enables you to wirelessly share digital photos from any computer in your home with Apple TV. Commentators on TUAW have also mentioned that version 7.3 fixes the very old Coverflow problems on MacBook.
This version of iTunes is also rumored to have the “Make into Ringtone” feature which lets users convert any song on iTunes into a ringtone for their iPhone. More details here.
Written by 
wrote, on July 3rd, 2007
Apple seems to be integrating everything into iPhone.