Google has officially removed the Nexus 7 from the Google Play store. The move comes long after the company revamped the device in 2013.
Customers who want to purchase the Nexus 7 receive a message that states the device is “no longer available to purchase.” Although the tablet is no longer available for purchase through Google Play, customers can still purchase the device through third-party e-tailers like Amazon.
Seth Klarman On Margin Of Safety Investing
This is part nine of a ten-part series on some of the most important and educational literature for investors with a focus on value. Across this ten-part series, I’m taking a look at ten academic studies and research papers from some of the world’s most prominent value investors and fund managers. All of the material Read More
Google pulls the plug on Nexus 7
Last year, the Nexus 7 was eclipsed by the Nexus 9. The larger tablet was a more expensive version designed to compete with the Apple iPad Mini, yet it failed to capture the market as hoped.
Google halted sales of the Nexus 7 just days after announcing that the Nexus brand is losing customer interest at the Nexus 6 and Nexus 9 handsets. During last week’s quarterly earnings call, the manufacturer announced that revenues grew 23% to $1.8 billion but were also down 2% quarter over quarter. The numbers increased thanks to the Play Store’s year over year growth.
However, year over year, the numbers had not been as strong as the strength of the Nexus 7 last year. One of the tablet’s most notable successes was that it was the first Android tablet to give Apple serious competition.
LG may build Nexus device
In other Nexus-related news, a recent report surfaced that LG will build this year’s Nexus device. The report explains that LG and Huawei may help Google create a third iteration of Android devices this year. Unfortunately, the report does not specify which devices.
Although the report is still in the rumor phase, EToday did claim Google paid a visit to LG in Korea where it checked out specific company divisions, including LG Display. The rumored device is code-named the “N000,” and it is sometimes referred to as the Nexus 7 by LG. The actual name of the device may be called the Nexus G7 or perhaps Google may come up with something entirely different.