Android Studio is an IDE for developing Android applications, announced in 2013. It is based on IntelliJ and provides powerful features like code editing, layout editing, Gradle build support, linting, and wizards. The document discusses Android development tools like Dalvik, DDMS, AVD, ADB, and Logcat. It also covers the Android SDK manager for installing/updating SDKs and extras. An Android app consists of activities, services, broadcast receivers, and content providers. The document demonstrates creating a "Hello World" app in Android Studio and discusses its project structure.