Although some of us here at Gizmodo are penny-pinching - deaf from spending way too much time in melodious environment exceeding 130dB , we ’re still happy to hear the rumor that Apple will soon circularise tracks compressed in its Apple Lossless compression formatting on the iTunes Music Store .
Audiophiles rejoice , because those hearsay just might be true . In a private release of iTunes Producer 1.4 , the coating used by record companies to compress euphony for compliance to the iTunes music storage , the software package is newly capable of encoding medicine using the Apple Lossless data formatting . This is a really sound matter , because heck , even with our wooly-minded ears , we do n’t much like the sound of Apple ’s Advanced Audio Coding ( AAC ) formatting .
Apple Lossless data format coming to iTMS?[Apple Insider ]

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