Reported also at Android App crashes upon menu button click, this appears to be an issue with the latest 0.9.1 version of gradle and I can confirm that it kills apps on Froyo as well as Gingerbread. Read more about a similar problem here and another report here. The issue seems to be related to a new png processor. As mentioned by uchidev, the solution for now is to use gradle 0.9.0 by changing build.gradle
.
An alternate suggestion to reverting: you can add android.aaptOptions.useAaptPngCruncher = true
to build.gradle
.
Update 3/28/14: This bug seems to have been fixed in Android Studio 0.5.3.