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Google CEO Eric Schmidt has confirmed that there will be no Google Nexus Two device.

Schmidt discussed the reasoning for Google not to make the Nexus Two stating that “the idea a year and a half ago was to do the Nexus One to try to move the phone platform hardware business forward. It clearly did. It was so successful, we didn’t have to do a second one. We would view that as positive but people criticized us heavily for that. I called up the board and said: ‘Ok, it worked. Congratulations – we’re stopping’. We like that flexibility, we think that flexibility is characteristic of nimbleness at our scale”.

Some people will have been hoping Google would release another Nexus device as it was likely to feature impressive hardware; however there will equally be people who are pleased there isn’t another high profile Android device coming out in the near future. Over the past few months there have been an unprecedented number of powerful Android devices released, annoying some who want there to be a single Android device that is the best for a reasonable period of time.

The decision not to produce a “Nexus Two” might also have been influenced by weaker sales than many expected of the original Google Nexus One.

Google has just released the latest version of Android named Froyo, which some device manufactures are already offering on their devices. Google plans to release Chrome OS and version 3.0 of Android later this year and the company is also rumored to be working on a social network to rival Facebook named Google Me and a music store to rival Apple’s iTunes Store and Microsoft’s Zune Marketplace.