Actually, you can't. The linked article specifies exactly that you can't:
to create your own original music
compositions or audio projects. You
may broadcast and/or distribute your
own music compositions or audio
projects that were created using the
Audio Content, however, individual
audio loops may not be commercially or
otherwise distributed on a standalone
basis, nor may they be repackaged in
whole or in part as audio samples,
sound effects or music beds."
(emphasis mine)
You can create as many songs as you want using all the sounds you have in the loops and sell the songs. But you will be packaging the sounds (or repackaging) as audio samples of your application which seems to be forbidden.