Google's Nexus 4 smartphone, which is manufactured by LG, has reportedly sold over one million units since its launch on November 13, 2012.
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.
