Google's next Nexus device has been in rumors for a long time, and this time the Google Nexus 5 grabs headlines in tech news websites for its camera.

According to new rumors, the phone is going to sport a camera from Nikon with a triple censor array. Apart from the camera, a tipster of PhoneArena suggests that the device will come with a 5-inch 1080 pixels display and will be powered by Qualcomm's Snapdragon 600 processor supported by a 2 GB of RAM.

The smartphone may be juiced by a 3140 mAh battery and will be available in 8/16 GB variants.

Google's Vice President for Engineering, Vic Gundotra, has already hinted in a Google+ conversation that the next Nexus device is going to a big hit for its camera.

"We are committed to making Nexus phones insanely great cameras. Just wait and see," Vic had stated.

Although the specifications come directly from a tipster to PhoneArena and nothing has been confirmed by Google so far, they look more realistic than those specification pitched for LG 'Megalodon.'

According to an Android and Me report, an anonymous source informed the website about the features of the Nexus 5 contender 'Megalodon.'

The website also takes the features with a big grain of salt and says, "Looking over the list of specs reveals a nerd's wishlist on steroids."

The source puts the following specifications for Megalodon:

• 5.2″ OLED Display with1920×1080 resolution
• Qualcomm Snapdragon 800 @ 2.3 GHz
• 3GB LPDDR3 Ram
• 16/32/64GB of internal storage
• 16MP rear camera by OmniVision (4k video recording @30FPS, 1080p video recording @60FPS, Real Time HDR & HDR video recording,optical image stabilization, BSI 2.0)
• 2.1MP front camera (1080p video recording @30FPS)
• 3300 mAh Lithium Polymerbattery
• Front positioned stereo speakers
• Qualcomm RF360 (LTE 150 Mbps & HSPA+)
• Integrated DVB-T / ATSC-antenna
• Gesture like controls (navigation, zoom, etc)

Many of the components listed here have not even reached the market as yet. Qualcomm is expected to release the Snapdragon 800 processors later this year.