In-demand smartphone shipped more than 375,000 units by the start of January.
Google's Nexus 4 smartphone, which is manufactured by LG, has reportedly sold over one million units since its launch on November 13, 2012.
xda-developers forum member draugaz estimates Nexus 4 sales by tracking serial numbers on shipped devices. He recently discovered a Nexus 4 serial number that suggests the device has shipped over one million units. Comparatively, Google's Nexus 4 smartphone shipped more than 375,000 units by the start of January.
Google and manufacturing partner LG had considerably underestimated the demand for their budget-priced Nexus 4. Both companies blamed each other in terms of the widespread reports pertaining to shortage issues.
Upon discussing the situation relating to the shortage of Nexus 4 inventory, Google co-founder and CEO Larry Page stated, "clearly there’s work to be done managing our supply better, and that is priority to our teams."
The Nexus 4 is powered by a 1.5 GHz quad-core Snapdragon S4 Pro processor, 2 GB of RAM, 8 or 16 GB of internal storage, a front-facing 1.3-megapixel camera and a rear 8-megapixel camera. The device, which survives fairly well in a drop test, runs on Android 4.2 Jelly Bean and can be purchased through the Google Play Store unlocked for $299 for an 8 GB model or $349 for the 16 GB variant.