Conclusion
The Lava Iris 503, with a price point of about 90 EUR at release, was designed to cater to budget-conscious consumers seeking basic smartphone functionality. Its array of features, while limited by contemporary standards, struck a balance between affordability and essential usability for a first-time smartphone user or those requiring a secondary device. While its specifications are markedly outdated today, the device represented a feasible option for its market segment upon release in 2013.