After Amazon slashed the price of Google Nexus 6 to $349 last week, Best Buy too has dropped the price of the phablet to $349. The Motorola Nexus 6 was first launched with a price of $649 in October 2014.

Speculations are rife that the retailer giants are now selling the Nexus 6 with such a massive price cut because Google is expected to unveil new Nexus 2015 smartphones on Sept. 29. Best Buy is now selling the 32 GB Google Nexus 6 for $349. However, it is yet to drop the price of the 64 GB model. Amazon, on the other hand, is selling the 32 GB model for $349 and the 64 GB model for $399.

In June, both the retailer companies, Google Store and Motorola had introduced a $150 price cut on the original pricing of $649 and $699 for 32 GB and 64 GB models, respectively. The Nexus 6 comes with high-end specs like 5.96-inch display, Snapdragon 805 chipset, 3 GB of RAM, 13-megapixel OIS supporting rear camera, Android 5.1.1 Lollipop and a 3,220 mAh battery.

On Sept. 29, Google is expected to launch a refreshed version of the Nexus 5 from 2013 as the LG Nexus 5 (2015) smartphone. Alongside, it an upgraded edition of the Nexus 6 manufactured by Huawei is also expected to be unveiled.

The Google Nexus 6 has faced criticism for its huge display. Therefore, the Huawei Nexus 6 (2015) phablet (codenamed as Angler) is expected to feature a smaller display. According to Phone Arena, the database of Zauba, an Indian website that tracks import and export details of the products that are shipped to and from the country, a Huawei handset, mentioned as Angler, features a 5.5-inch display.

Another reason why the Nexus 6 did not receive good reception was its expensive price tag. Rumors indicate that the Huawei Nexus 6 (2015) will be available for a price tag between $450 and $550.