Nexus 4 Sold Out Ahead of Nexus 5 Launch Chuong Nguyen09/03/2013 After having found the sweet spot in terms of pricing for the $199 original Nexus 7, it looks like that same price point is a sweet spot for its Nexus phone as well. After a price reduction on its Nexus 4 smartphone by LG last week bringing the 8 GB model down to $199, the Google Play Store shows that model as being out of stock as of the Labor Day weekend holiday in the U.S. Though it looks like the Play Store is listing the model as out of stock, it looks like the Nexus 4 isn’t quite getting discontinued despite strong rumors indicating that a Nexus 5 is incoming this fall. According to the listing, Google advises prospective buyers to “please check back soon,” noting that “we are out of inventory.” The slightly more expensive $249 Nexus 4 with 16 GB of storage is still in stock and is expected to ship within 1-2 business days, according to the store’s listing.Advertisement A Nexus 5 is widely expected to debut this fall, possibly around the October time frame. That new handset will usher in a new version of the Google Android operating system. Dubbed as Key Lime Pie, the new Android update is considered as a more significant upgrade than the recently launched Android 4.3 on the new 2013 Nexus 7, which was considered more as an incremental upgrade from the Android 4.2 and Android 4.2.2 OS. Key Lime Pie is expected to be labeled as Android 5.0, though Google hasn’t confirmed this yet nor has the search giant disclosed what new features the OS and the new hardware will bring to the platform. READ: 5 Possible New Nexus 5 FeaturesAdvertisement The Nexus 5 is widely anticipated to keep the same $300 price point that the Nexus 4 was sold at prior to the recent price reduction. In the past, there have been rumors that either LG or Google-owned Motorola Mobility would be the partners manufacturing the device’s hardware, though even that is still uncertain at this point. If LG does make the Nexus 5, it could come with a similar design and specs as the recently announced LG G2 flagship from that company, but with a pure, vanilla Android experience that’s typical of Google’s Nexus branding. If so, this could mean powerful specs, like a full 1080p HD display, 13-megapixel camera with optical image stabilization (OIS) for low-light photo captures and shake-free video recording, and great sounding speakers. The LG G2 also has a powerful Snapdragon 800 processor, which could be exchanged for a Snapdragon 600 CPU in a bid to balance costs and performance, though that’s unclear.Advertisement The Nexus 5 will have to compete with a number of notable smartphones debuting in the second half of this year.