Google chops $100 off Nexus 4 prices

As rumors swirl about the imminent arrival of the Nexus 5, Google reduces prices in an apparent move to clear inventory.

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Google late Tuesday reduced the price of its Nexus 4 models by one-third to $199, down $100 from $299. The price reduction comes ahead of what promises to be a busy September with Samsung and Apple both readying for product debuts.

Anticipation has been building about the likelihood of a Nexus 5 arriving before too much longer.