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iTunes Music Store named Fortune Product of the Year

Fortune magazine has named Apple’s iTunes Music Store its Product of the Year. “Unlike most rival services, the iTunes Music Store gives customers the freedom to store music indefinitely, burn custom CDs, and transfer songs to the Apple iPod portable player,” writes Peter Lewis. “With the success of its iTunes Music Store, Apple is almost single-handedly dragging the music industry, kicking and screaming, toward a better future.

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