A bit of disappointing news that might be wrapped in exciting news as the 8GB Nexus 4 sells out of Google’s Play Store. However, even as Google briefed The Verge the model won’t be replaced…it raises the question if a Nexus 5 is on the horizon. There’ s been no shortage of rumors on the Nexus 4 successor, including a back and forth on whether LG or Motorola has gotten the nod for production.

With a $100 price drop just one week ago, it was a sure thing that demand for the Nexus 4 would jump almost immediately and that’s likely the cause for the sell out. The 16GB model is still available for $249 and while it lacks LTE connectivity, it’s still a Nexus device which means no shortage of future Android updates.

At the $249 price, the Nexus 4 continues to be an ideal smartphone for customers looking to avoid contracts even if the successor is on the horizon. I’d grab one just for posterity sake at this point, bury it in the backyard and have it come out as a collector’s item. Ok, maybe that won’t happen but it’s a great deal and you should grab it before it’s too late.

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