Google Nexus One will launch January 5th and will cost $530

Google has announced an Android-related press conference for January 5th, and all indications point to a launch of the Nexus One at the event.

Rumors say that the Nexus One will be offered at an unsubsidized price of $529.99, or at $179.99 with a two-year agreement on T-Mobile. There will be only one rate plan avaliable for the Nexus One - unlimited talk, text and web for $79.99 per month.