Android and Me Blog says:

"I’m a huge fan of Google Analytics and I use the service almost every day to monitor this site. It helps me understand where traffic is coming from to identify what is hot and helps me improve the site. I knew it was only a matter of time before Google released a similar service for Android and they finally made it official on their blog today.

Google Analytics for Mobile Apps will offer the same advanced tracking abilities of the web service, except developers will be required to disclose when they are using it."

Source 1:http://androidandme.com/2009/11/news/google-launches-analytics-for-android-apps/

Source 2:http://googlemobile.blogspot.com/2009/11/introducing-google-analytics-for-mobile.html

Video: Mobile [Ad]itude 8 with Meredith: A case study on Google Analytics for mobile apps
http://www.youtube.com/watch?v=fIP2gt109R8&feature=player_embedded