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RumorTT: Google subsidizing the new Nexus 4 on the Google Play store

Rumor: Google subsidizing the Nexus 4 smartphone that's for sale in the Google Play store.

| Mobile Devices, Tablets & Phones News | Posted: Nov 7, 2012 12:30 am

If claims by Phone House, a Spanish mobile phone retailer are to be believed, it would appear that Google is subsidizing the new Nexus 4 on the Google Play store. Phone House has claimed that LG are selling the devices for a much higher price than that being offered by Google on the Google Play store.

 

TweakTown image news/2/6/26600_1_rumortt_google_subsidizing_the_new_nexus_4_on_the_google_play_store.jpg

 

This leaves us two options. Either Google is subsidizing the devices, a not unheard of option, or LG is trying to get a lot more money out of the device by selling to carriers. On the Google Play store, the Nexus 4 is available for $300 dollars, a cheap option to get a contract-free device that can be used with many different carriers.

 

However, Phone House is saying that LG has offered up the device with a MSRP of $770. LG could by trying to make a massive profit, or Google could be subsidizing. I'm going to guess that it's the latter. Google has a habit of doing things like this in the past, and I see no reason why they would stop now.

NEWS SOURCES:Electronista.com

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