Lava has launched yet another phablet, the Lava Iris 504q which is supposed to hit the indian market by next week. The new model poses a 5 inch HD 720p IPS display powered by a 1.2 GHz quad core processor from MediaTek and 1 GB RAM. The device with an affordable price tag of Rs 13,499. The device supports Android 4.2 jelly bean operating system and have 4 GB internal memory which can be extended up to 32 GB using MicroSD Card. It contains an 8 megapixel rear camera and 2 megapixel front camera added up with some interesting features like changing music tracks or radio stations by just hovering your hand over the phablet or gesture controls for taking pictures or browsing your gallery. With dual sim card characteristic it poses 2000 mAh battery for good battery backup. Other than these features Iris 504q comes with some in built apps like opera web browser and some music apps by Gameloft. Connectivity features include 3G, GPS, Bluetooth, MicroUSB etc.