The first phone we’ll be selling through this new web store is the Nexus One — a convergence point for mobile technology, apps and the Internet. Nexus One is an exemplar of what's possible on mobile devices through Android — when cool apps meet a fast, bright and connected computer that fits in your pocket. The Nexus One belongs in the emerging class of devices which we call “superphones.” It’s the first in what we expect to be a series of products which we will bring to market with our operator and hardware partners and sell through our online store.
Manufactured by HTC, the Nexus One features dynamic noise suppression from Audience, Inc., a large 3.7″ OLED display for deep contrast and brilliant colors and a 1GHz Qualcomm Snapdragon™ chipset for blazing speeds. Running on Android 2.1, the newest version of Eclair, the software includes innovations like a voice-enabled keyboard so you can speak into any text field, fun Live Wallpapers, a 3D photo gallery for richer media experiences and lots more. Of course, it also comes with a host of popular Google applications, including Gmail, Google Voice and Google Maps Navigation.
via Official Google Blog: Our new approach to buying a mobile phone.