Score another one for Apple (AAPL) and its iTune service which some experts say has 70% of the digital music download market.

According to The Wall Street Journal "the number of digital tracks sold jumped 45% to 844.2 million."

The total number of albums bought on physical formats like CDs dropped from 588 million in 2006 to 500 million in 2007.

It is only a matter of time before Apple owns the entire music industry.

Douglas A. McIntyre