Android Studio was unable to find a valid Jvm (Related to MAC OS)

Open the application package for Android Studio in finder, and edit the Info.plist file. Change the key JVMversion. Put 1.6+ instead of 1.6*. That worked for me!.

Cheers!

Edited:

While this was necessary in older versions of Android Studio, this is no longer recommended. See the official statement

"Please note: Do not edit Info.plist to pick a different version. That will break not only the application signature, but also future patch updates to your installation."

Antonio Jose's answer is the correct one.

Thanks aried3r!

Just install this guy here

http://support.apple.com/kb/DL1572?viewlocale=en_US&locale=en_US

and you should be good.