The Google Pixel phone doesn't have stereo speakers, it features a single downward-firing speaker, which means mono sound only. This is quite unfortunate considering that many of the high-end smartphones come with some impressive stereo speakers setup. A stereo speaker allows better sound experience when listening to music, watching movies and playing games.
Considering how multimedia-oriented this device his: featuring 4K video recording, best camera on the market based on DxoMark rating and Daydream-ready specifications, I certainly expecting it to have stereo speakers. I can forgive the lack of an optical image stabilization, but there is not excuse not including stereo speakers in a high-end phone in 2016.