Apple is approaching the 500 millionth song sold in the iTunes Music Store. To celebrate, they are giving the buyer of the 500 millionth song a pretty nice prize package, including 10 iPods of their choice and a trip to see Coldplay in concert.

500 million songs on the iTunes Music Store marks a dramatic acceleration of the purchase of legally downloadable music on the Internet. And the music fan who purchases that song will receive a prize that’s just as dramatic — 10 iPods for yourself and family or friends (choose from any model iPod, iPod mini, iPod U2, or iPod shuffle); a gold 10,000-song gift card for the music store; 10 additional 50-song gift cards to go with those iPods; and a trip for you and three guests to see Coldplay on its current tour, with front-row seats (subject to availability), and “back-stage” passes for a meet n’ greet with the band (guaranteed availability).

So what are you waiting for? Go buy some songs.

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