The typical order for the until now launched Android versions are 

Google used name of dessert related items in order of A,B,C,D,E,F,G,H,I,J....and now its K turn

It’s not too long that we hear about Android 5.0. It was first spotted as the Sony Mobiles plans to come up with a device testing out for Android 5.0 and the device is Sony Xperia LT30i, formerly called as Xperia T. Several reports suggest that Android 5.0 will be released in the first quarter of 2013 and coincidentally Xperia T will be released during the same time as well. The benchmark result of Sony LT30i reveals that Sony Mobile is testing an unannounced device and it arose to confusion all over. Alternatively Google has previously said that they will be working with the major smartphone vendors to come up with their own variant of Nexus devices and until now LG has developed Nexus 4 and Samsung has come up with Nexus 10 and remaining is the HTC and Sony.

With Xperia T benchmarks the fact is clear that Android 5.0 as we see Sony Nexus device coming up in first quarter of 2013. So with that it’s assumed that Google is working on releasing the K release of Android’s next version. Alternatively we hear Android 5.0 will be called as Key Lime Pie

Android 5.0 (Key Lime Pie) may include a few of these features.. 

1.Video Chat app

2.Optimized for Quad core processor 
3.SMS sync between phone and SIM
4.Profiles for managing applications
5.Multiple device support
6.Integrated Social network apps

7.Improve battery and startup time

8.Multi-select option in Contacts

9.Advanced File Manager

10.Instant Upgrades independent of Manufacturers