The application does not appear in the Nokia Collection as of yet
Owners of Nokia Lumia devices running under the Windows Phone 7.8 operating system should now be able to take advantage of the Nokia Ringtone Maker application, the latest reports on the matter suggest.Although it does not appear in the official Nokia Collection section in the Windows Phone Store, the app is available for download today, and the guys over at wp7.com.pl (via WMPoweruser) have got a barcode to prove it.
The application was made available for download for Windows Phone 8-based Lumias in the first place, but the recent release of Windows Phone 7.8 should make it available for more users, it seems.
Furthermore, Nokia is said to plan on making the Bluetooth Share application available for the Windows Phone 7.8 devices as well. Apparently, the company has already tested the software on handsets such as Lumia 610 and Lumia 800.