Nexus 5 Release Date Rumors: Device Reportedly To Launch On Google Play Store On Oct. 31

Disappointed Nexus fans who had expected Google (NASDAQ:GOOG) to announce the Nexus 5 on Oct. 15 now have another potential unveiling date to look forward to and mark it on their calendars.

According to a report from MobileSyrup, the new Nexus 5 is expected to be launched on the Google Play Store on Thursday, Oct. 31. The rumor went on to say that the handset would also be launched on Canadian carriers, such as Rogers (NYSE:RCI), Bell (NYSE:BCE), TELUS (NYSE:TU), Koodo and Virgin (NASDAQ:VMED) about a week later -- on Nov. 7 or Nov. 8.

Last year, the Nexus 4 reportedly enjoyed extraordinary demand and sold out on the Google Play Store so quickly that the model exceeded supplies. According to the report, LG is likely to be prepared this time to produce enough Nexus 5 units to avoid a repeat of last year's shortages, Phone Arena reported.

This is not the first time that the release date of the Nexus 5 has been rumored for the end of October. Reports surfaced last week suggesting that the Nexus 5 could be unveiled alongside Android 4.4 KitKat on Oct. 28.

The upcoming Nexus 5 is likely to incorporate a 5-inch 1080x1920 resolution screen, 443ppi pixel density, 2.3GHz quad-core Qualcomm Snapdragon 800 processor, 2GB of RAM and LTE connectivity. The device is rumored to also feature 16GB and 32GB internal storage options, an 8-megapixel OIS rear camera, a 1.3-megapixel front camera, near-field communication and wireless charging.

Earlier this month, a purported LG Nexus 5 service manual was leaked online, showing many of the device's technical specifications such as a 2300mAh battery, accelerometer, gyroscope, compass, proximity/ambient light, pressure sensors, a micro SIM slot and HDMI out via Slimport among others.

The smartphone also recently appeared on the Google Play Store with a starting price of $349 for the 16GB version. However, the device was subsequently removed, leading many to believe that the listing might have been made in error.