Google usually announce their new Nexus phone device around October/November time, that time is here. There have been various leaks of what is supposedly the next Nexus phone.
It looks this years version will be made by LG, Google like to try with many different Android manufacturers which is actually a good way to form relationships with many different companies.
This new device looks very similar to last years so it looks like all consumers will be getting is a spec upgrade. This new model supposedly has a 1.5Ghz quad-core processor, 1280x720 4.7-inch screen, 2GB of RAM and 8GB of storage. The storage seems way too small, I'm sure Google will be providing larger storage versions.