How cool is this? According to the Wall Street Journal Sony is ready to step into the same ring as Apple with a PSP phone and a line of products that is said to rival the iTunes Store and the iPod line. The Sony Online Store that is due to launch later this month will be the backbone for this new line of products. This also includes a hybrid device that "blurs distinctions among a netbook, an e-reader and a PlayStation Portable, or PSP". This device seems to fill the boots of the iPad as it seems to be what we expected from the iPad. Above is a sketch that gives an idea of what we can expect from the phone in the future. Apple should beware as Sony has a pretty large PSN who will most likely get these products.