iTunes Tops 1 Billion Song Downloads

Apple sold its 1 billionth song from the iTunes Music Store early Thursday morning, reaching what it calls a "massive milestone in digital music history." iTunes hit the 500 million download mark last July, and needed only seven additional months to double those sales.

On the road to 1 billion songs, Apple gave the customers who downloaded every 100,000th song a 4GB iPod nano and $100 iTunes gift card. The user who purchased the 1 billionth song will receive a 20-inch iMac, ten 60GB iPods, and a $10,000 iTunes gift card. The milestone will likely be highlighted at a special Apple event scheduled for next week.

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