Close on the heels of Google Executive Chairman Eric Schmidt announcing the arrival of the upcoming version of Android OS termed Ice Cream Sandwich in October or November, speculations have started on the next version of Android.

According to a report citing trusted sources in ‘This is My Next’, Jelly Bean is the working name for next incarnation of Android.

The name follows Google’s tradition of calling its Android operating systems after sweets in alphabetical order. Earlier versions of Android follow a typical order — Cupcake 1.5, Donut 1.6, Eclair 2.1, Froyo 2.2, Gingerbread 2.3, Honeycomb 3.0 and the upcoming Ice Cream Sandwich.

The report quotes industry source saying, that the “game-changing stuff” that had originally been scheduled for Ice Cream Sandwich will be being pushed to Jelly Bean. Jelly Bean could be dubbed Android 4.5 or Android 5.0, depending on the amount of features packed, says the report.

Ice Cream Sandwich is expected to be a universal operating system that will work on phones, tablets, TVs, and even phones that transform into laptops. Among other things, the OS is likely to bring an updated app launcher, holographic user interface, interactive and new homescreen widgets and a multi-tasking panel.