MacRumors.com

Apple is hosting a conference call today to mark the 1st anniversary of the iTunes Music Store

The following sites are provided live coverage of the event:

MacCentral
MacMinute

Hilights:

- iTunes now lets you play protected songs on up to 5 computers (not just 3)
- 70% marketshare
- 2.7 million downloads/week
- Can burn a playlist only 7 times (used to be 10)
- Price will remain $.99/song
- Jobs still critical of subscription services
- Europe "later this year"