The Google-branded Nexus tablet the search giant is rumored to be co-developing with ASUS may be pushed back until July. Earlier reports had the device slated for launch some time in June, with an unveiling possibly set for Google’s annual I/O conference on June 27th. Unnamed sources informed The Verge on Friday that Google pushed back its planned release so it could tweak the device, however. The 7-inch tablet is supposedly equipped with a quad-core NVIDIA Tegra 3 processor, Android 4.0 Ice Cream Sandwich and Wi-Fi connectivity. The device would reportedly cost $249 in its current state, but Google and ASUS are both looking to reduce the price. Earlier rumors indicted that the Mountain View-based company was attempting to offer the tablet for as little as $149. It has also been speculated that Google could be delaying the planned release in order to pre-load its tablet with the next version of Android — Jelly Bean. The Verge claims this scenario is unlikely though, as the current product is designed for Android 4.0.