Google's CEO Eric Schmidt recently clarified the possibility of a followup to their Google Nexus One handset, dubbed by many to be called the Nexus Two. In an interview with Telegraph, Schmidt mentioned that Google had done all they wanted to with the Nexus One, and have no plans to create a second device as they acheived their goals with the Nexus One.
Here is an excerpt from the Telegraph article which concern's the decision to create and end the Nexus handset:
Initially, Google felt that they needed to build a device to help Android along so they worked with HTC to create the Nexus One handset. Schmidt says: “The idea a year and a half ago was to do the Nexus One to try to move the phone platform hardware business forward. It clearly did. It was so successful, we didn't have to do a second one. We would view that as positive but people criticised us heavily for that. I called up the board and said: 'Ok, it worked. Congratulations - we're stopping'. We like that flexibility, we think that flexibility is characteristic of nimbleness at our scale."
AndroidandMe mentions that "Google still needs to provide a device that raises the bar and allows devs to target future versions of the Android operating system. Hopefully we will see this device arrive around the timing of Google’s next major Android release, Gingerbread."
Phandroid notes that "Now – just half a year later – we have more high-end devices to choose from than some would probably like, and it’s only going to get more aggressive from here on out."
MobileCrunch closes in saying that "today we bury the Nexus Two rumours, but keep your chins up, folks, there will be another sexy piece of stock-Android hardware coming in the future, don’t you worry."
I'm personally disappointed with the decision to kill the Nexus handset future, as I would've really like to own a version of the handset myself.
Image from AndroidandMe