There is still a high demand on LG Nexus 4 and online retailers are taking advantage of the limited and delayed supply to keep the price high.

Google Play Store is still suffering from low and slow supply of its best-selling product - LG Nexus 4. Thus, a lot of third-party sellers put an expensive tag price on the device. The Nexus 4 is still retails above $500 on average for the 8GB model and more than $600 for the top-end 16GB variant. On the good side, the LG Nexus 4 is now available on more third-party retailers, giving customers more option.

Apparently, re-sellers online are taking advantage of the huge demand, and customers are left with no choice but to wait for additional units from the Google Play Store, or pay a hefty amount for the device online via these retailers.

In Google Play Store, the LG Nexus 4 with 8GB retails for $299 while the 16GB model costs $349 each. According to LG, the low inventory is related to huge demand, but the Korean tech company is reportedly gearing up to ship more units next year to accommodate more customers.

However, reports said that the 16GB LG Nexus 4 will ship the handsets by next year. The timeframe for getting your hands on the 16GB version of the LG Nexus 4 from ordering it is increasing very fast. The handset was offered for sale again on Tuesday; however the shipping date had changed for 1 to 2 weeks to 3 to 4 weeks in just a matter of hours.

Then it quickly changed again to 4 to 5 weeks. Just a few days on from this and now the 16GB LG Nexus 4 shipping time has been changed to 6 to 7. This means that one will most likely see the device in 2013.

Early this month, the 8GB version of the LG Nexus 4 saw a similar situation and that it could be February 2013 before you could get your hands on it. Thus, both variants will test the length of your patience.

The Google-LG Nexus 4 boasts a 4.7 inch screen display with 1280x768 resolution, 1.5GHz Snapdragon S4 Pro quad-core processor, 8 MP camera and 2100 mAh battery.

The LG Nexus 4 also has WiFi 802.11 b/g/n, NFC Android Beam, Bluetooth, 2100 mAh Lithium polymer battery, Microphone, Accelerometer, Ambient light, Compass, Gyroscope, Barometer and GPS.

The new Google-LG smartphone will run with the new Android 4.2 Jelly Bean, which promises new features upgrade such as better camera options and controls. This has become the selling point of the device.

Due to its cheap price and features and specs, the device attracted a lot of consumers and quickly it appeared in the Google Play Store, it sold out hours later when it was released.