In the middle of the news surrounding hurricane Sandy, the big news from Google (GOOG) seems to have been lost.  With the introduction of Nexus 4, Google has pulled off a big price coup.

An unlocked version of Nexus 4 is priced at $299, a remarkably low price for a phone of this quality.  An unlocked 16 GB Nexus 4 is priced at $349 compared to a similar iPhone 5 which is priced at $649.99 unlocked without a contract.

Setting aside personal preferences for Apple or Android, both phones are roughly equal for most practical purposes.

Display

Nexus 4 is a massive 4.7 inch device offering 1280 x 768 pixel resolution and 320 pixels-per-inch (ppi) for clear text and sharp images.  The phone uses Gorilla Glass 2 from Corning (GLW).  This offers scratch and crack resistance. By comparison, iPhone 5 has a 4 inch screen, resolution of 1136 x 640, which is not full HD and offers a ppi of 326.

Processing Power

Nexus 4 uses quad-core Qualcomm (QCOM) APQ8064 Snapdragon S4 Pro processor running at 1.5 GHz and 2 GB ram. In comparison, iPhone uses dual-core A6 processor running at 1.2 GHz and comes with only 1 GB ram.

Storage

Nexus 4 offers only 8 GB or 16 GB models. The iPhone offers 16 GB, 32 GB and 64 GB models.

Nexus Camera

The Nexus 4 offers 8 MP rear camera which shoots full HD video.  There is also a 1.3 MP front camera that shoots at 720p. iPhone 5 has similar camera specs but according to some evaluations takes better pictures.

Operating System

Nexus 4 runs on Android 4.2 Jelly Bean operating system. iPhone 5 runs on iOS 6. In most respects, both operating systems are comparable…Read more at Forbes

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