Google lifted the veil on its much anticipated smartphone today. Consumers will be able to buy the Nexus One for $179 if they commit to a two-year service contract with T-Mobile at $80 a month. For those who want to pick their own wireless network, the so-called "unlocked" version will cost $529. Mashable has details on the specs here.
Verizon Wireless will begin offering subsidies on the Nexus One this spring, say Google executives. The Nexus One escalates Google's rivalry with Apple, which has sold more than 30 million iPhones in the past 2 1/2 years. Apple announced a deal today to buy mobile advertising service Quattro Wireless to counter Google's proposed $750 million acquisition of Quattro rival AdMob. (More Google phone stories.)