How to create Android 4.0 Ice Cream Sandwich AVD:
- Start SDK Manager
- Under Android 4.0.3 (API 15) or latest Android version, check ARM EABI v7a System Image and click Install Package
- After installation is completed, open AVD Manager.
- Click New... button, name your new AVD, select API target, SD Card size, then click Create AVD button.
- Click Start... button to start your new AVD. It will takes a few minutes for creating new AVD.
- Done, simple as that.