Reports claimed that the rumoured Google Nexus 5 will be announced and released in October along with the Android 5.0.

This rumour is further strengthened by LG Nexus 4 stocks starting to dwindle down that suggest the imminent release of Google Nexus 5. Many noticed last week that the special white edition of the Nexus 4 was removed from the Google Play Store and then one of the UK's biggest retailers, Carphone Warehouse (CPW) has removed the Nexus 4 from its website.

Tech product makers often run down stock of a product before announcing a new version so as not to kill sales/margins of the devices currently available. The special edition white version of the Nexus 4 has run out of stock in some territories where it is sold via the Google Play Store. You cannot put an order in for wither the 8GB of 16GB version of this phone as it is listed as "no longer available for sale".

Some reports stated that the company is bound to release the successor of LG Nexus 4 coined as Nexus 5 is rumoured to sport a 5-inch full-HD (1920 x 1080) display translating into a pixel density of 440ppi. The device is also speculated to be equipped with NVIDIA Tegra 4 processor with 2GB of RAM, 8/16GB of internal storage, a 13-megapixel auto-focus rear camera with LED flash and a 3-megapixel front-facing camera.

Other rumoured specs of the Nexus 5 include Qualcomm Snapdragon 800 processor that possesses a clock rate of 2.3GHz. The CPU finds assistance in 3GB of LPDDR3 RAM. Storage options are provided in the form of 16GB, 32GB or 64GB of internal memory. Adding to the list of these highly questionable details is a 3300mAh Li-polymer battery, under the hood.

There is also a rumour that Google Nexus 5 will be released in October, which is almost a year after the release of the Nexus 4 made by Google.

Below are the three main reasons on why you should buy a Google Nexus 5 on its rumoured release date in October.

Price - Nexus devices are known for its incredibly cheap price, which attracted a lot of buyers. Last year, LG Nexus 4 was released bearing a tag price of $299.

High end specs and features - Based on the rumours, Google Nexus 5 will come with high end specs and features that are at par of other smartphones such as Samsung Galaxy s4 and iPhone 5.

Latest Android Operating System - Another attractive feature of the Google Nexus 5 is it is expected to come with the latest Android operating system. According to rumours, Google Nexus 5 will come with Android 5.0 Key Lime Pie.