Step 1: Import your audio into iTunes

To create an audiobook file in iTunes, first import the audio you want to use. This could mean ripping an audiobook from CD, downloading an audiobook from the Web, or even recording your own audiobook using an application such as Audacity. Whatever it is, drag and drop the audio into iTunes or import it using iTunes' "Add file to Library" or "Add folder to Library" commands, found in the iTunes File menu.