Android 5.0 to be announced by Google soon

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Release date of Android 5.0 is yet to be announced by Google,but it is most likely that the company will release it at the I/O 2014 conference and might name it Lollipop (though the name is not official yet).
At present, all the devices in the Google Play Store have their clocks set at 4:40 which points to the current version of KitKat. Two weeks time is remaining  for the Google I/O conference, so it could mean that we will witness the release of Android 5.0 at the end of this month. Other important announcements expected at the Google I/O includes Android TV and might also focus on the Android Wear.
In the past, Google has used the following clock times for its various Android releases in the past:
Gingerbread (Nexus S): 2:30
Honeycomb (Moto XOOM): 3:00
Icecream Sandwich (Galaxy Nexus): 4:00
KitKat (Nexus 5): 4:4

Everyone’s waiting for timing this year.

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