The hotly anticipated addition to Google's Nexus line is powered by a new "KitKat" version of Android, which was redesigned to work across the wide range of handsets built with the Internet titan's free software inside.
"Now you have one version of the Android operating system that can ship across all versions of smartphones in 2014," Sundar Pichai, head of the Android and Chrome teams, said while providing a look at the new software and Nexus 5.
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"As we get on our way to reach the next billion people, we want to do it with the latest version of Android."
The move aims to solve the problem that the wide variety of Android systems used around the world make it challenging for makers of fun, functional or hip smartphone or tablet apps to design programs that work on all devices.
Being stuck with old versions of Android also means that users don't get access to upgrades or improvements cranked out by Google.
Apple executives routinely boast about how most users of its iPhones, iPads