I know that you're a Mac / Apple development company but am wondering whether there is any consideration of developing Time Master on the Android platform.
Should I duck and run now?

Heh.

No, we will not be developing for any other platforms (Android, Blackberry, Palm, etc.). The language that the iPhone OS is programmed in, Objective-C, is totally different than any of the other platforms. We have enough work to do with the iPhone version and would not be able to attempt any other versions.