I've read so many articles (which I listed below), but I can't get a consistent answer. We would it be possible to just pick one of the following 2 answers? If you work for Appcelerator or any competitor, please state so. Thanks!
FYI, I am working with Titanium Studio 1.7.2.
A) Yes it compiles to native code, but some of the code must be left in Javascript and interpreted at runtime.
B) No, that is not the way Titanium works.
Here are the articles, I have read:
1) Comparison between Corona, Phonegap, Titanium
2) http://developer.appcelerator.com/blog/2010/12/titanium-guides-project-js-environment.html
3) What happens to JavaScript code after app is compiled using Titanium Mobile