Asus and Google team proved to be successful with the Nexus 7. The market is anticipating their next collaboration as Google is set to release the second Nexus 7. Reports say, it will be called Nexus 7.2.

There is much hype going on about the second generation Nexus. Since the first Nexus 7 has been a success, the same success is expected of the Nexus 7.2. Industry sources say that Asus and Google can rake up as much as 8 million sales for the tablet - and that is only the initial demand.

Analysts say the initial estimate for the Nexus 7.2 is fair enough. The hype and buzz over the device justifies how anticipated the second Nexus is. Retailers have also started cutting the prices for their stocks of the Nexus 7.

It is a timely offering of discounts. Retailers often slash off prices on their current inventory if an upgraded version of the device will come out soon.

Sources also confirm that Google will be announcing the Nexus 7.2 officially by the end of July. Reported specs for the device include a 7-inch display. This offers 1920×1200 resolution. The device will also run on Snapdragon 600 chipset with a 5MP rear camera including 1.2MP front camera.

Reports suggest Google will be offering the product starting $199 up to $299. Prices are similar to the original Nexus. The Android community continues to anticipate what the next Nexus will be offering. Competitors also start to gear up.