So 'phablet' is a word now. Oxford Dictionaries Online has added the horrible phone-tablet portmanteau to its avant-garde internet-friendly lexicon.
That's no reason to start using it in everyday life though.
Other tech-inspired words that made the grade include selfie, srsly, emoji, hackerspace, FOMO, bitcoin and the embodiment of all that is wrong with the internet: TL;DR. Read the whole list here.
Better than a selfie and never TL;DR-worthy, heeeeere's blips.