A low cost 8-pin IC that can be used as an inverting buffer and that can drive some dynamic loudspeakers can get a market by making very low cost somewhat loud things that buzz or beep. Add a mere 4 capacitors for "best practice", can often get away with 2, and if the transducer is a piezo one fewer still, plus only one resistor.
Some of the things that boys and girls can do with a 555 can get a market. My father told me that engineering is an economic science. He even told me that it is not worth spending more than $999 on a pumpkin cannon in a pumpkin cannon contest whose 1st prize is $1K, unless the winning position has value beyond the prize payout.
I think that says something!!!
(Not that I usually agree with JF, who I find/"find" to often show mean spirit.)
Most microprocessors simpler than a Pentium need voltages that a 555 can work from. So do most logic IC families. If the supply voltage is a low one like 3.3 volts or less, then getting a lot of sound from an audio transducer is likely to require a buffer, voltage boost such as with a transformer (likely requiring a buffer after digital type stuff), or trickery that gets harder to do if the transducer's package has to be miniaturized, especially if the transducer is a cheap one. In such low voltage cases, I would try out a 556 and a 40106, and in either case I feel like I am mildly abusing them. There is also the LM386 as a nice cheap 8-pin low-parts-count audio amplifier, somewhat optimized towards lowish supply voltages like as low as 6 volts, works not much worse at 4.5-5.
Bottom line, I like 555s because their cost is low, they are quick and simple to implement, and they are *reliable* at doing many of the 101-plus things that a child can do with them.
Using a single 555 to supply audio to an audio transducer, the 555 output typically alternately sources and sinks current through the load and a coupling capacitor (with 2 exceptions). The peak-to-peak voltage without these exceptions is still limited by how high the pull-up side of the totem pole can up the output voltage to. In that likely case, peak voltage across the transducer is close to doubled by using 2 555s instead of one.
The exceptions are:
1: Add a pullup resistor from 555 output to B+ - with the extra power consumption by the resistor.2: The audio transducer conducts DC, and is connected from either the output pin or the "discharge" pin to B+. That adds a power consumption issue if power consumption matters or heat production in the transducer matters, since that cause causes the transducer to dissipate DC power (100% as heat, no sound) as well as AC power. Some loudspeakers don't take DC well due to either extra heating and/or from their diaphragms being constantly displaced in one direction from optimum position. As for ehating - dynamic loudspeakers usually have DC resistance less than their AC impedance at audio frequencies where they are useful.