Nexus 7 16 GB price slashed by Google

The iPad Mini announcement from the Cupertino tech giant brought a lot of changes to the 7 inch tablet market. Even though the tablet has a premium price tag, the company is already facing shortage of units due to increased demand. On the other hand, to keep the competition alive, Google has slashed the prices of all the versions of its Nexus 7 tablet. The search engine giant had an event scheduled for today in New York, but due to the hurricane, the event was cancelled.

At the event, the company was expected to unveil a new smart phone, a Nexus branded smart phone. This would have been the LG Nexus 4 according to numerous rumors and the images leaked on the internet. Also, there was the announcement of a Nexus branded tablet, the Samsung Nexus 10 tablet, which obviously has a 10.1 inch display and some really cool high end specs. But because of the hurricane, interested customers will have to wait a bit longer.

And when Google is launching two new products, one of which is a premium tablet, it will have to reduce the price of the already existing products, to keep the sales of both the products going. So, a price drop for the Nexus 7 was expected. Now, even though the event did not happen, one retailer has decided to go ahead and slash the price of the tablet. Droid Life first found that the nation wide retailer, Office Depot, has slashed the price of all the versions of the Nexus 7 tablet.

The 16 GB version of the Nexus 7 tablet, which had a price tag of $249, has got a 20% price drop and is now available for just $199, replacing the 8 GB version of the tablet. For to replace the 16 GB version at $249, comes the 32 GB version. That is a really good news for people who are looking for a budget 7 inch tablet at a reasonable price.

Source: Boy Genius Report