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Hi Chukky- While sorting playlists alphabetically isn't currently an option, the suggestion has already been posted within our Ideas Board: http://community.spotify.com/t5/Spotify-Ideas/Play
If this is something you'd like to see, you can add your comments to the thread and give it some 'Kudos'.
Hi everyone - If this is a function you'd like to see within Spotify please be sure to add your Kudos to the Ideas Board. I've posted a link to that Idea above.
Currently that status is set to 'Under Consideration'. Rocio has posted a bit more info as well.