Apple's iTunes Music Store service could become the ultimate music service, says Rolling Stone magazine.

In a piece examining iTunes, the legendary music publication discusses Apple's recent meeting with 150 indie-music executives in Cupertino, and suggests that if the labels agree to distribute their music through the service, Apple's catalogue "could grow to 400,000 tracks within the next four months".

Indie-label bosses were charmed by Apple's presentation, according to the report. Rolling Stone says co-founder of Sub Pop records Jonathan Poneman is "psyched" about Apple's service, which pays the labels about 65¢ per song.

The magazine surveyed a number of indie-labels executives who attended the meeting, and confirmed that "many are eager to sell their music through Apple's service".

Another report reveals that Apple is offering the independents the same deal as it is offering major labels selling tracks through iTunes.