Details Leak Out on $199 Google Tablet Nexus 7 could compete with the iPad and Google Fire, analysts say By Neal Colgrass, Newser Staff Posted Jun 25, 2012 5:41 PM CDT 4 comments Comments In this Jan. 17, 2012 photo, a sign for Google is displayed behind the Google android robot, at the National Retail Federation, in New York. (AP Photo/Mark Lennihan) (Newser) – Google is jumping into the tablet market with the Nexus 7, a 7-inch tablet that starts at $199 and runs on a new Android operating system, Gizmodo Australia reports. One caveat: The following is based on a leaked training document that "could prove to be an elaborate fake," the website admits. That aside, the Asus-made tablet will have 1280 x 800 resolution, a front-facing camera, and a 1.3Ghz quad-core Tegra 3 processor. The price: $199 for the 8GB model and $249 for the 16GB model. Details on the new OS are scarce so far, but it's called Jelly Bean. Market analysis is already coming in, with experts saying the low-priced tablet could compete with both the high-end iPad and lower-end Kindle Fire and Barnes & Noble Nook, ComputerWorld reports. "A low-priced, high-quality device" could also "jump-start the Android tablet market, which has been weak to date," says one. And if Google is subsidizing each tablet with hundreds of dollars, as some analysts say, profits could come from apps and advertising.