NEW YORK (CNNMoney.com) - The number of songs downloaded from Apple's online music store iTunes sped past one billion Thursday as a customer in Bloomfield, Mich., purchased Coldplay's "Speed of Sound" as part of the band's X&Y album.

Apple, which was watching for the one billionth download, will give Alex Ostrovsky, the lucky downloader, a 20-inch iMac computer, 10 iPods and a $10,000 gift certificate to iTunes.

"Over one billion songs have now been legally purchased and downloaded around the globe, representing a major force against music piracy and the future of music distribution as we move from CDs to the Internet," Apple's Steve Jobs said in a press release.

In addition to the prizes Ostrovsky will take home, Apple will also establish a scholarship in his name to New York's Juilliard School of Music.

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