Sony has two products in development positioned to take on Apple devices. Barron’s cites a report in sister publication Wall Street Journal that insiders familiar with the matter have revealed two projects in development at Sony that are a direct response to Apple’s iPhone and iPad. One is said to be a smart phone that can download and play PlayStation games. The other is described as a project that blurs distinctions among a netbook, an e-reader and a PlayStation Portable. Barron’s says both devices are expected to work with what it describes as a new Sony online platform launching later this month, a possible reference to PlayStation Network’s planned rollout to other networked Sony devices. Read more at Barron’s.