Google has cut the price of its flagship Nexus 6 phablet by $150. The unlocked 32GB model is available for $499 and the 64GB variant is now priced at $549.

This year's Google I/O conference, which took place on May 28, saw the introduction of Google's next-generation Android M OS. Android M introduces native support for fingerprint recognition, which also takes advantage of Google's new Apple Pay competitor in the form of Android Pay, which allows users to authenticate purchases with their fingertips, in addition to unlocking their devices.

Google also added a new feature to ensure long battery life, which reduces a smartphone or tablet's background activity when the device is not in use. The company has already released preview builds of Android M for the Nexus 5, Nexus 6, Nexus 9 tablet and Nexus player.

If you've been considering Google's Nexus 6 phablet, you'll not only be able to run Android M before the general public, you can also get the device at significant savings. Google has cut the price of the Nexus 6 by $150 through the Google Store.

Google is now offering the 32GB Nexus 6 for $499 instead of $649 and the 64GB Nexus 6 can be had for $549 instead of $699.

The Nexus 6 features a 5.96-inch 2560 x 1440 Quad HD AMOLED display with a pixel density of 493 pixels per inch (ppi). It's powered by a 2.7GHz quad-core Qualcomm Snapdragon 805 processor, Adreno 420 GPU (graphics processing unit) and 3GB of RAM.

Its camera capabilities consist of a 13-megapixel rear camera and 2-megapixel front facing shooter for video chat and selfies. Its large 3,220 mAh battery will provide up to 24 hours of talk time and 330 hours of standby time, according to Google.

Google is offering both the 32GB Nexus 6 and 64GB Nexus 6 in the color choices of Midnight Blue and Cloud White, and is also including free shipping with the order.