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by G_Wen 5693 days ago
http://en.wikipedia.org/wiki/ITunes_Store#File_format 256kbps .m4a file with an option to convert to an .mp3. For anyone who takes music quality seriously the lack of a lossless option is a big turn off. No DRM on the purchases unless you live in Japan where some albums are covered by DRM.

Will do more research when I get home.