New Nexus 7 Pricing Confirmed: $199 For 16GB, $249 For 32GB

Google is dropping the price on its 7-inch tablet. The 16GB model will soon cost $199, down from the original $249 MSRP. Likewise, a new model, a 32GB flavor, will occupy the $249 price point. There's no word what's to come of the 8GB model although early speculation stated that it could drop in price by as much as $100. Google was supposed to have a big Android event today in NYC. But Hurricane Sandy decided to visit The Big Apple, take in a show and blow-in the sights.

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