320dp: a typical phone screen (240x320 ldpi, 320x480 mdpi, 480x800 hdpi, etc).
480dp: a tweener tablet like the Streak (480x800 mdpi).
600dp: a 7” tablet (600x1024 mdpi).
720dp: a 10” tablet (720x1280 mdpi, 800x1280 mdpi, etc).
I use this to make more than one layout:
res/layout/main_activity.xml # For handsets (smaller than 600dp available width)
res/layout-sw600dp/main_activity.xml # For 7” tablets (600dp wide and bigger)
res/layout-sw720dp/main_activity.xml # For 10” tablets (720dp wide and bigger)
If you skip the extreme aspect ratios, that are rarely seen at phone size or larger, all the other devices fit a range from 1.3333 to 1.7778, which conveniently matches the current iPhone/iPad ratios (considering all devices in portrait mode). Note that there are quite a few variations within that range, so if you are creating a small number of fixed aspect-ratio layouts, you will need to decide how to handle the odd "in-between" screens.
Minimum "portrait mode" solution is to support 1.3333, which results in unused space at top and bottom, on all the resolutions with larger aspect ratio.
Most likely, you would instead design it to stretch over the 1.333 to 1.778 range. But sometimes part of your design looks too distorted then.
Advanced layout ideas:
For text, you can design for 1.3333, then increase line spacing for 1.666 - though that will look quite sparse. For graphics, design for an intermediate ratio, so that on some screens it is slightly squashed, on others it is slightly stretched. geometric mean of Sqrt(1333 x 1667) ~= 1491. So you design for 1491 x 1000, which will be stretched/squashed by +-12% when assigned to the extreme cases.
Next refinement is to design layout as a stack of different-height "bands" that each fill the width of the screen. Then determine where you can most pleasingly "stretch-or-squash" a band's height, to adjust for different ratios.
For example, consider imaginary phones with 1333 x 1000 pixels and 1666 x 1000 pixels. Suppose you have two "bands", and your main "band" is square, so it is 1000 x 1000. Second band is 333 x 1000 on one screen, 666 x 1000 on the other - quite a range to design for.
You might decide your main band looks okay altered 10% up-or-down, and squash it 900 x 1000 on the 1333 x 1000 screen, leaving 433 x 1000. Then stretch it to 1100 x 1000 on 1666 x 1000 screen, leaving 566 x 1000. So your second band now needs to adjust over only 433 to 566, which has geometric mean of Sqrt(433 x 566) ~= 495. So you design for 495 x 1000, which will be stretched/squashed by +-14% when assigned to the extreme cases.
From http://www.emirweb.com/ScreenDeviceStatistics.php
####################################################################################################
# Filter out same-sized same-dp screens and width/height swap.
####################################################################################################
Size: 2560 x 1600 px (1280 x 800 dp) xhdpi
Size: 2048 x 1536 px (1024 x 768 dp) xhdpi
Size: 1920 x 1200 px (1442 x 901 dp) tvdpi
Size: 1920 x 1200 px (1280 x 800 dp) hdpi
Size: 1920 x 1200 px (960 x 600 dp) xhdpi
Size: 1920 x 1200 px (640 x 400 dp) xxhdpi
Size: 1920 x 1152 px (640 x 384 dp) xxhdpi
Size: 1920 x 1080 px (1920 x 1080 dp) mdpi
Size: 1920 x 1080 px (1280 x 720 dp) hdpi
Size: 1920 x 1080 px (960 x 540 dp) xhdpi
Size: 1920 x 1080 px (640 x 360 dp) xxhdpi
Size: 1600 x 1200 px (1066 x 800 dp) hdpi
Size: 1600 x 900 px (1600 x 900 dp) mdpi
Size: 1440 x 904 px (960 x 602 dp) hdpi
Size: 1366 x 768 px (1366 x 768 dp) mdpi
Size: 1360 x 768 px (1360 x 768 dp) mdpi
Size: 1280 x 960 px (640 x 480 dp) xhdpi
Size: 1280 x 800 px (1280 x 800 dp) mdpi
Size: 1280 x 800 px (961 x 600 dp) tvdpi
Size: 1280 x 800 px (853 x 533 dp) hdpi
Size: 1280 x 800 px (640 x 400 dp) xhdpi
Size: 1280 x 768 px (1280 x 768 dp) mdpi
Size: 1280 x 768 px (640 x 384 dp) xhdpi
Size: 1280 x 720 px (1280 x 720 dp) mdpi
Size: 1280 x 720 px (961 x 540 dp) tvdpi
Size: 1280 x 720 px (853 x 480 dp) hdpi
Size: 1280 x 720 px (640 x 360 dp) xhdpi
Size: 1279 x 720 px (639 x 360 dp) xhdpi
Size: 1152 x 720 px (1152 x 720 dp) mdpi
Size: 1080 x 607 px (720 x 404 dp) hdpi
Size: 1024 x 960 px (1024 x 960 dp) mdpi
Size: 1024 x 770 px (1024 x 770 dp) mdpi
Size: 1024 x 768 px (1365 x 1024 dp) ldpi
Size: 1024 x 768 px (1024 x 768 dp) mdpi
Size: 1024 x 768 px (512 x 384 dp) xhdpi
Size: 1024 x 600 px (1365 x 800 dp) ldpi
Size: 1024 x 600 px (1024 x 600 dp) mdpi
Size: 1024 x 600 px (682 x 400 dp) hdpi
Size: 960 x 640 px (480 x 320 dp) xhdpi
Size: 960 x 600 px (960 x 600 dp) ldpi
Size: 960 x 540 px (640 x 360 dp) hdpi
Size: 864 x 480 px (576 x 320 dp) hdpi
Size: 854 x 480 px (569 x 320 dp) hdpi
Size: 800 x 600 px (1066 x 800 dp) ldpi
Size: 800 x 480 px (1066 x 640 dp) ldpi
Size: 800 x 480 px (800 x 480 dp) mdpi
Size: 800 x 480 px (600 x 360 dp) tvdpi
Size: 800 x 480 px (533 x 320 dp) hdpi
Size: 800 x 480 px (266 x 160 dp) xxhdpi
Size: 768 x 576 px (768 x 576 dp) mdpi
Size: 640 x 480 px (640 x 480 dp) mdpi
Size: 640 x 360 px (426 x 240 dp) hdpi
Size: 480 x 320 px (480 x 320 dp) mdpi
Size: 480 x 320 px (320 x 213 dp) hdpi
Size: 432 x 240 px (576 x 320 dp) ldpi
Size: 400 x 240 px (533 x 320 dp) ldpi
Size: 320 x 240 px (426 x 320 dp) ldpi
Size: 280 x 280 px (186 x 186 dp) hdpi
####################################################################################################
# Sorted by smallest width.
####################################################################################################
sw800dp:
Size: 1920 x 1080 px (1920 x 1080 dp) mdpi
Size: 1024 x 768 px (1365 x 1024 dp) ldpi
Size: 1024 x 960 px (1024 x 960 dp) mdpi
Size: 1920 x 1200 px (1442 x 901 dp) tvdpi
Size: 1600 x 900 px (1600 x 900 dp) mdpi
Size: 800 x 600 px (1066 x 800 dp) ldpi
Size: 1920 x 1200 px (1280 x 800 dp) hdpi
Size: 1024 x 600 px (1365 x 800 dp) ldpi
Size: 2560 x 1600 px (1280 x 800 dp) xhdpi
Size: 1280 x 800 px (1280 x 800 dp) mdpi
Size: 1600 x 1200 px (1066 x 800 dp) hdpi
sw720dp:
Size: 1024 x 770 px (1024 x 770 dp) mdpi
Size: 1366 x 768 px (1366 x 768 dp) mdpi
Size: 1280 x 768 px (1280 x 768 dp) mdpi
Size: 2048 x 1536 px (1024 x 768 dp) xhdpi
Size: 1360 x 768 px (1360 x 768 dp) mdpi
Size: 1024 x 768 px (1024 x 768 dp) mdpi
Size: 1152 x 720 px (1152 x 720 dp) mdpi
Size: 1280 x 720 px (1280 x 720 dp) mdpi
Size: 1920 x 1080 px (1280 x 720 dp) hdpi
sw600dp:
Size: 800 x 480 px (1066 x 640 dp) ldpi
Size: 1440 x 904 px (960 x 602 dp) hdpi
Size: 960 x 600 px (960 x 600 dp) ldpi
Size: 1280 x 800 px (961 x 600 dp) tvdpi
Size: 1024 x 600 px (1024 x 600 dp) mdpi
Size: 1920 x 1200 px (960 x 600 dp) xhdpi
sw480dp:
Size: 768 x 576 px (768 x 576 dp) mdpi
Size: 1920 x 1080 px (960 x 540 dp) xhdpi
Size: 1280 x 720 px (961 x 540 dp) tvdpi
Size: 1280 x 800 px (853 x 533 dp) hdpi
Size: 1280 x 720 px (853 x 480 dp) hdpi
Size: 800 x 480 px (800 x 480 dp) mdpi
Size: 1280 x 960 px (640 x 480 dp) xhdpi
Size: 640 x 480 px (640 x 480 dp) mdpi
sw320dp:
Size: 1080 x 607 px (720 x 404 dp) hdpi
Size: 1024 x 600 px (682 x 400 dp) hdpi
Size: 1280 x 800 px (640 x 400 dp) xhdpi
Size: 1920 x 1200 px (640 x 400 dp) xxhdpi
Size: 1280 x 768 px (640 x 384 dp) xhdpi
Size: 1024 x 768 px (512 x 384 dp) xhdpi
Size: 1920 x 1152 px (640 x 384 dp) xxhdpi
Size: 1279 x 720 px (639 x 360 dp) xhdpi
Size: 800 x 480 px (600 x 360 dp) tvdpi
Size: 960 x 540 px (640 x 360 dp) hdpi
Size: 1920 x 1080 px (640 x 360 dp) xxhdpi
Size: 1280 x 720 px (640 x 360 dp) xhdpi
Size: 432 x 240 px (576 x 320 dp) ldpi
Size: 800 x 480 px (533 x 320 dp) hdpi
Size: 960 x 640 px (480 x 320 dp) xhdpi
Size: 864 x 480 px (576 x 320 dp) hdpi
Size: 854 x 480 px (569 x 320 dp) hdpi
Size: 480 x 320 px (480 x 320 dp) mdpi
Size: 400 x 240 px (533 x 320 dp) ldpi
Size: 320 x 240 px (426 x 320 dp) ldpi
sw240dp:
Size: 640 x 360 px (426 x 240 dp) hdpi
lower:
Size: 480 x 320 px (320 x 213 dp) hdpi
Size: 280 x 280 px (186 x 186 dp) hdpi
Size: 800 x 480 px (266 x 160 dp) xxhdpi
####################################################################################################
# Different size in px only.
####################################################################################################
2560 x 1600 px
2048 x 1536 px
1920 x 1200 px
1920 x 1152 px
1920 x 1080 px
1600 x 1200 px
1600 x 900 px
1440 x 904 px
1366 x 768 px
1360 x 768 px
1280 x 960 px
1280 x 800 px
1280 x 768 px
1280 x 720 px
1279 x 720 px
1152 x 720 px
1080 x 607 px
1024 x 960 px
1024 x 770 px
1024 x 768 px
1024 x 600 px
960 x 640 px
960 x 600 px
960 x 540 px
864 x 480 px
854 x 480 px
800 x 600 px
800 x 480 px
768 x 576 px
640 x 480 px
640 x 360 px
480 x 320 px
432 x 240 px
400 x 240 px
320 x 240 px
280 x 280 px
####################################################################################################
# Different size in dp only.
####################################################################################################
1920 x 1080 dp
1600 x 900 dp
1442 x 901 dp
1366 x 768 dp
1365 x 1024 dp
1365 x 800 dp
1360 x 768 dp
1280 x 800 dp
1280 x 768 dp
1280 x 720 dp
1152 x 720 dp
1066 x 800 dp
1066 x 640 dp
1024 x 960 dp
1024 x 770 dp
1024 x 768 dp
1024 x 600 dp
961 x 600 dp
961 x 540 dp
960 x 602 dp
960 x 600 dp
960 x 540 dp
853 x 533 dp
853 x 480 dp
800 x 480 dp
768 x 576 dp
720 x 404 dp
682 x 400 dp
640 x 480 dp
640 x 400 dp
640 x 384 dp
640 x 360 dp
639 x 360 dp
600 x 360 dp
576 x 320 dp
569 x 320 dp
533 x 320 dp
512 x 384 dp
480 x 320 dp
426 x 320 dp
426 x 240 dp
320 x 213 dp
266 x 160 dp
186 x 186 dp
I drop a lot of same-sized same-dp screens, ignore height/width swap and include some sorting results.