For the past several months we have heard a string of rumors regarding Google's big plans for next gen products at Google I/O in May of this year. One of the prominent theories suggested that Google would be showcasing a Nexus 5 smartphone as a follow-up to the Nexus 4. New intel just popped up on the grid today suggesting that may not be the case after-all. Supposedly, Google plans to offer a newly revamped version of the Nexus 4. This new version will again be made by LG, but will come with a number of enhancements to make it appeal to a wider audience.
First, the device is said to be a 32GB storage device. Also, it will come equipped with Android 5.0/Key Lime Pie, which is not at all surprising considering it is the next Nexus device, and Google's next OS version is likely Android 5.0. The final interesting detail regarding the device is that it will supposedly make up for the previous Nexus 4's lack of LTE and will also include a CDMA-capable radio for Sprint and Verizon.
Although this sounds like a made-up wish list for a Verizon or Sprint customer who wants an LTE Nexus 4, there is some logic to it that makes it quite plausible. If Google/Motorola plan to release the new X Phone in the fall of this year as the rumors are suggesting, it wouldn't make sense to launch the Nexus 5 this year at all. This would cause the Nexus 5 and the X Phone to compete during a very close time-frame, causing Google to effectively compete with itself. An Android 5.0 equipped enhanced and refreshed Nexus 4 makes more sense from a marketing perspective.