Rumor: LG Nexus Device To Cost A Mere $399 In Off-Contract Form. Ship Without LTE.

The yearly release of the newest Nexus phone is about as close as Android users get to the same yearly frenzy iPhone users go through (and are mocked for) year after year. For many Android users, Google’s Nexus line of phones are the only phones worth considering as they are free from carrier and manufacturer bloat – the truest representation of Android. And this year it looks like LG will be the one to carry the torch.

So far we’ve heard plenty of rumors speculating on the 4.7″ display, quad-core processor and plenty of screenshots showing the outward appearance of the LG made device in question. One thing in particular, though, that is now just coming out is pricing. How does $399 off contract via the Google Play Store sound? Fantastic. We know.

To achieve this, LG and Google have apparently deemed 8 GB as the one and only storage option. More precarious, however, is the removal of LTE support in favor of good ‘ol GSM (HSPA+) as the fastest technology on board, no doubt in an attempt to keep costs low and still allow for some profit even with a super low price of $399.

Also worth pointing out – the site source of this rumor, ByteNow, claims that the lack of LTE means that Verizon won’t be getting the LG Nexus device, and that because of the whole drama around the Samsung Galaxy Nexus OTA update on VZW specifically (or lack thereof after an extreme delay), said carrier won’t be getting another Nexus device anytime soon.

The phone entering the market unlocked and contract free at only $399 is big enough news. But hearing of a souring of relations between Google and Verizon is pretty interesting. The whole point of Nexus devices is immediate updates to the latest and greatest Google OS with no carrier or manufacturer BS holding things back. This past year Verizon held things back in a big way.

Stay tuned. The leak-happy LG Nexus device will no doubt see a revelation or two more revealed prior to it’s rumored October 29th launch date.