Google today, in a press event held at its Headquarters in Mountain View, California has finally unveiled the much hyped Nexus One, aka the Google phone. Nexus One is powered by Android 2.1 operating system, it features 3.7’’ AMOLED screen, 1Ghz Snapdragon processor with 512mb of Ram and 5 megapixels autofocus camera with flash to go with it.

The latest round of rumors regarding the Google branded Nexus One suggests that Google is going to sell a subsidized version of Nexus One for a mere US $199 on contract free T-Mobile. If the rumor turns out to be true, then this is going to be the first time that a handset manufacturer has subsidized its device, rather than a carrier. Rumor also has it that the handset in question would be available for purchase online through Google as early as January 5th.

Engadget has got hold of exclusive pictures of the upcoming Google Phone for your viewing pleasure. Nexus One is the name of the Google branded phone which has been designed by the folks at Google, and the hardware is manufactured by HTC. It will be powered by the latest Android 2.1 OS and will be sold online by Google through T-Mobile, fully unlocked so that you can use it with any carrier you like.

Nexus One, the Google branded phone which we informed you about yesterday is probably now the most awaited Android powered phone of 2010. For those of you don’t know, Nexus One is the name of the Google phone which has been designed by the folks at Google, and the hardware is manufactured in partnership with HTC. It will be powered by the latest version of Android OS and will be sold online by Google, fully unlocked so that you can use it with any carrier you like.