Apple Launches the iTunes Music Store

Hoping to create the next great consumer application, Apple launched its iTunes Music store, an online service that lets customers download music for $0.99 per song, including the rights to burn songs onto an unlimited number of CDs for personal use, listening to songs on an unlimited number of iPods, playing songs on up to three Macs and using songs in any application on the Mac. The iTunes Music Store features over 200,000 songs from music companies including BMG, EMI, Sony Music Entertainment, Universal and Warner. Apple also introduced its third generation iPods, which hold up to 7,500 songs on a 30GB drive. A version of iTunes for Windows is expected by year's end.
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