If you didn't already snag Google's 8 GB Nexus 4 smartphone at its lower price of $200, it's too late now.
The 8 GB model is sold out at the U.S. Google Play Store, and it won't be restocked, according to The Verge. The 16 GB Nexus 4 remains on sale for $250, though it's unclear whether Google will restock the more expensive model.
Google reduced the prices of both models by $100 just a week ago. At the time, the price cuts looked like a preemptive strike against a rumored cheaper iPhone from Apple; now it just seems like Google is clearing inventory.
But for what? Rumor has it that a "Nexus 5" is in the works, but details have been scarce so far. LG, which produced the Nexus 4, said in May that it is not working on a follow-up, despite several reports to the contrary. A couple of otherreports have claimed that Motorola will actually produce the Nexus 5. At this point, there's not a lot of certainty about who will make the next Nexus, how much it will cost or what it will look like.
For now, the 16 GB Nexus 4 is still a solid buy at $250, provided you can live without 4G LTE. The phone is unlocked and off-contract, so you can pop in a SIM card from a cheap carrier like GoSmart or StraightTalk, or take it overseas and get a local SIM card to avoid expensive roaming fees. And unlike most other Android phones, the Nexus 4 is practically guaranteed to get future software updates in a timely manner.