The third iteration of Nexus may be known as the Nexus Prime according to the latest rumours that have emerged online and, for the second year running, could be built by Samsung, which may confirm the manufacturer's status as Google's preferred mobile partner.
BGR reports that like the Nokia N9, the phone would forego the use of physical buttons altogether and introduce the first HD ready resolution ever on a smartphone (that's 1280x720 pixels) which may well come close to or exceed Apple's famed Retina Display pixel density of 326ppi.
The site reckons that the display will be known as Super AMOLED HD and the Nexus Prime will be manufactured by Samsung (while running Ice Cream Sandwich).
Intriguingly, Samsung will apparently choose the Texas Instruments TI OMAP4460, a dual core Cortex-A9 monster clocked at 1.5GHz, which powers the newest Archos tablets, rather than its own Exynos 4xxx solutions. This leaves us to believe that Samsung may have some important production issues should this be true.
According to BGR's sources, the phone will not have any carrier preloads or OEM customizations which means that it will receive uploads faster, have less compatibility issues, will be generally quicker, and be universally compatible.
Even more exciting though is the rumour that Google may work with one carrier and one OEM manufacturer to launch exclusive Android 4.0 Ice Cream Sandwich handsets.