Verizon may have taken quite a while to launch the Nexus 7, however they seem to be dropping the price rather quickly. The Nexus 7 originally landed with Verizon back in mid-February and at the time the price was $249.99 on a two-year agreement, or $349.99 without the agreement.

As of today, that two-year agreement price has dropped to $49.99. The no-contract price remains the same at $349.99. We tend to prefer tablets to be free of any long term agreements, but also realize price is often a barrier when buying new gadgets. Having said that, it is somewhat hard to argue against a $50 Nexus 7.

The one reminder we will offer, while the Nexus 7 will remain functional and continue to get Android updates as we move forward — there will likely be a new model in a few months time. You see, while Verizon may have released the Nexus 7 in February, Google originally announced it last summer, in July 2013.

Any purchase decision will have to be personal, but in the end you would be getting a device with a 7-inch (1920 x 1200 / 323ppi) display that is running Android 4.4 Kit Kat and powered by a quad-core 1.5GHz processor. The Nexus 7 also has 32GB of storage space, 2GB of RAM, a 5MP camera on the back and a 3950 mAh battery. It can also be added to an existing Everything plan for an additional $10 per month.

VIA: Android Central