Eclipse and Android error 'parseSdkContent failed'
Step 1. Find the folder named: .android
This folder can be located in your Windows user directory, for example in Windows 7 or 8:
C:\Users\YOUR_WINDOWS_USERNAME\.android
Step 2. Delete this folder .android
Step 3. Restart Eclipse and your problem will be solved.
You DON'T have to delete ANYTHING
For me updating the DDMS from ADT plugin did the trick!
Before that, to save time I only updated ADT plugin, nothing else like Android DDMS, TraceView etc., so I ran into same issue.
After a couple of restarts and Google searches everyone was proposing different solutions. I updated my Android DDMS and restarted eclipse and it worked like a charm!
I didn't have to remove my workspace or update my .project file etc.
Ok I just deleted eclipse and reinstalled. Lost all of my settings etc. but it's all I could do. Something must have gotten corrupted in the upgrade of the ADT.