This problem is still going on.
Rondom crashes here on iPhone 5 with IOS 7.0.4.
I have disabled paralax effect, airdrop, bluetooth, etc.
Did a reset, closed all apps, had a diagnostic through Apple (with no reply 😐)
Still the iPhone keeps resetting/crashing randomly.
Screen sometimes turns green or pink with lines, turns to white with black Apple logo, tries to restart several times and after a while starts up und functions normaly untill at a 'certain' moment, it crashes again.
Lots and lots of the same reports on the internet, but alas with no sollution as far as I'm aware.
Odd thing is, my wife's iPhone 4 with same IOS 7.0.4. has no such problems.
It could be that certain apps (in the background?) cause these problems.
Up till now Apple keeps silent unfortunately.