Our sister site Stuff.tv has confirmation that there'll be a 32GB Google Nexus 7 tablet on sale for just £200 in time for Christmas. That makes it a massive £150 less than the equivalent 32GB iPad Mini.
Stuff reader Conor Craig spotted a photo of the £200 32GB Nexus 7 in the Argos catalogue.
It now seems highly likely that the 8GB Nexus 7, already out of stock at many retailers, will be dropped from the line-up.
The 16GB Nexus 7 has already dropped to £170 at PC World, as we reported yesterday (see below).
More after the break
It seems that Google is playing hard ball with its pricing strategy, which begs the question: what wil be the price of the Samsung-made Google Nexus 10 tablet, due to be unveiled on Monday, October 29th?
Ooh, this is interesting. PC World is now offering the 16GB Google Nexus 7 – our 2012 Portable Product of the Year – for a full £100 less than the iPad Mini. It's dropped to £170, against the £270 16GB iPad Mini.
Could that mean the 32GB Nexus 7 will drop to the 16GB model's previous price tag of £200? That would make it a £150 cheaper than its iPad Mini equivalent.
It looks like an all-out price war in the tablet market may not be far off, although we don't see Apple dropping its prices any time soon.
We'll have a Group Test of all the latest tablets in the December issue of What Hi-Fi? Sound and Vision, on sale from November 16th. It promises to be a fascinating test!
Google is expected to launch the Nexus 4 at a press event on October 29th.