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Apple's transformation

Apple's online music store is one year old. The company sold 70 million songs over the past year. That's below Apple's stated goal of 100 million songs, but still enough to demonstrate to the music industry how to get into the online game.

The New York Times reports that Steve Jobs' decision to get into the music business has transformed Apple. The company now sells more iPods than computers. And, while its computer market share continues to drop, it owns the online music business -- at least for now.

This week, Apple released version 4.5 of its iTunes software, which runs on Windows and Macintosh platforms. The new version, a free download, also accesses a new iTunes store feature -- Billboard charts that go back to 1946. You can preview and buy those songs for 99 cents each.

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