Tell me if you've heard this before - Google's latest Nexus release date has arrived and several countries have already sold out (Australia, the UK, and the United States sold out within minutes of release, just to name a few).

Whether Google underestimated demand for its newest wave of cutting-edge specs whose prices undercut the competition, or the company's hardware partners simply couldn't make enough devices to withstand the onslaught of early adopters, the Nexus 4 is sold out for most of the world. It appears that the Nexus 10 tablet is still available in the Play Store, thus avoiding a repeat of July's Nexus 7 fiasco (at least for now).

Reactions from the Twitterverse are understandably negative, some in the United States complaining of the 9am PST (Noon EST) release time (when most U.S. residents were at work), and many enthusiasts worldwide complaining about how quickly the Nexus 4 sold out, as if Google had only made a few units available to begin with. Obviously the hour of release in the United States didn't prevent the device from being sold out quickly (how many of you were hitting "F5" on your work computers?), but many felt that had the device been released earlier in the morning, they would at least have had a chance to order it before stock ran out.

We'll keep you posted whenever Google manages to replenish its stock and make the Nexus 4 available again. Meanwhile, some of you might find it worth your while to keep your current phone and put your money towards getting most advanced Android tablet available instead (after all, the 16 GB Nexus 10 can be had for a mere $100 more than the 8 GB Nexus 4).

UPDATE: Now the 32 GB Nexus 10 is also sold out in the United States.