Motorola X
The Moto X will be released this October, according to Motorola's CEO. Courtesy / Android GS

The hype surrounding the Motorola X Phone is getting people excited. Some even believe the phone might be the first device to ship with Android 5.0 Key Lime Pie upon its release.

But those who look forward to this Google-Motorola collaboration may have to sit tight a bit longer as new reports suggest we may not see the device until August 2013.

Sources told Phone Arena that the Motorola X Phone, previously slated for release in late June or July, may not hit stores until "August or later." We expected to see the phone unveiled at the Google I/O Conference in May with an early summer release alongside Android 5.0. But now, we've learned the device is still in its early prototyping stage.

While the source gave no explanation for the delay, Google may still be unimpressed with Motorola's developments, as CFO Patrick Pichette mentioned at the Morgan Stanley Tech Conference in February. According to Pichette, Motorola has not produced any devices that Google would call "wow" since it acquired the motility in 2012. The X Phone is reportedly one of the last devices to remain in Motorola's pipeline.

Under Google, Motorola has introduced devices like the Motorola DROID RAZR HD, the Motorola DROID RAZR MAXX HD and the Motorola DROID RAZR M. The DROID RAZR MAXX in particular has been well-received by consumers and critics alike.

The X Phone would be the first device made by both Motorola and Google. It's said to sport a 4.7-inch display with 1080p resolution on a thin bezel, and run Android 4.2 out of the box. The handset reportedly lacks a microSD card slot.

Several alleged images of the X Phone have also surfaced, including a blurry rendering of a device called the Motorola NXT and another image of an unnamed Motorola device that originated in Vietnam.

All news on the X Phone remains unofficial as Motorola has made no announcements about the device. Even with these new developments, this device remains as elusive as ever.