The Galaxy Nexus debuted on Verizon for an expensive price of $299 back in December of last year. Like all phones, the price always drops after the early adopters are bagged. It dropped to $199 back in April and now it’s going to $149. As prices drop on phones, it always means the end of life is closer.
As further evidence, in Best Buy inventory systems there is an “X” for the supply code. This means it can’t be re-ordered and usually spells the end of life.
I guess non of this can be a surprise. With the Galaxy S III landing next month, Verizon would rather turn their attention and marketing for what could be their hottest phone until the DROID RAZR HD releases. What kills me the most is that they leave the full retail price the same at $649.99, which is insanely ridiculous.