Rumours of the next Nexus smartphone are picking up speed, just as Google I/O comes closer. The May event is widely expected to be the stage for Google to show off the next version of Android, 5.0 Key Lime Pie.

So obviously there are some murmurs about the devices that will run the OS. Yesterday, we reported that Google is looking at several prototypes for the ‘Nexus 5’ including the LG Megalodon, the phone with the monster specs. However, we must admit those high-flying specs did seem fishy to us at the time and as it turns out, they weren’t entirely true.

A Nikon-branded camera on the next Nexus?

A Nikon-branded camera on the next Nexus?

PhoneArena reports that some of yesterday’s rumoured specs of the Megalodon i.e. 5.2-inch Full HD OLED display, 3 GB RAM and Snapdragon 800 CPU were in fact false. This is backed by new information from an anonymous tipster who leaked ‘retail specs’ of the device, along with more information about the next 10-inch Nexus tablet. Of course, it goes without saying that rumours have a way of not coming true, so don't put too many hopes on this latest one either.

The first nugget from the source is that Google is once again prepping something to wow fans in the camera department. Last year, the company announced the PhotoSphere feature for shooting panoramas and a redesigned camera interface, however with this year’s Nexus devices, Google is planning to up the ante.

The camera module will reportedly feature a Nikon-branded “triple camera sensor“. Reportedly, the module is currently being tested at Google and the source added that “camera is the selling point, testing module now is better than everything else.”

The tip reveals more specs of the device. These include a 5-inch 1080p display and a Snapdragon 600 processor. The Snapdragon 800, that was rumoured to head to the phone initially, will instead be powering the eventual Google Nexus 10.2. Other specs include 2 GB of RAM, 8/16 GB of storage (we are desperately hoping this one is false), and a 3140 mAh battery.

A point to note here is that if Google indeed goes with LG again for the Nexus smartphone, then the Korean company has a device to base the Nexus 5 on. That would be the LG Optimus G Pro, which has similar specs and has the exact same battery package. In fact, the Japanese version of the phone is a 5-incher unlike the international model, which has a massive 5.5-inch display.

The source goes on to say that the next-gen Nexus phone will have “touch sensors off screen.” We take this to mean that it will have the same Zerogap Touch technology first seen on the Optimus G and eventually on the Nexus 4. It could also indicate that Google has included some neat pressure sensors on the body which can be used to control the navigation.

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