Apple Hits One Billion With iTunes

Apple users have downloaded over 1 billion songs from the iTunes Music Store since it was launched in April 2003. The magic number was hit at roughly 12:38am EST on Thursday morning, according to TUAW.

The billionth song “Speed of Sound” was purchased as part of Coldplay’s X&Y album by Alex Ostrovsky from West Bloomfield, Michigan. He will receive a 20-inch iMac, 10 fifth generation iPods and a $10,000 gift card good for any item on the iTunes Music Store.

In addition, Apple will establish a scholarship to the world-renowned Juilliard School of Music in his name to commemorate this milestone. w00t!