Google announced the news by sending out an email to those who had signed up to receive alerts on the tablet via the Google Play store.
The 16GB tablet certainly seems to have outperformed the cheaper 8GB model to date. Google has reportedly been surprised at this, having fancied the 8GB edition to prosper on the back of a cheaper price and an array of cloud storage options.
However, while the 8GB model (only available through the Google Play store) has failed to pique consumer interest, the 16GB Nexus 7 sold out within days of launch and remains out of stock at retailers Radio Shack and Sam’s Club.
Google itself professed to being 'pleasantly surprised' by the news, although more sceptical industry observers reckoned the search giant had 'seriously underestimated' demand for the tablet.
Google announced the Nexus 7 at the end of last month at the Google I/O developer conference and the tablet to date has received largely positive reviews. The tablet is made by Taiwanese vendor Asus and boasts a 7-inch 1280 x 800 resolution display, a quad-core Tegra 3 processor and the Android 4.1 Jelly Bean operating system.