Android Studio is based on Intellij Idea 13. The solution here also applies. Just modifying Info.plist from 1.6* to 1.7* did it for me.
Btw, I've observed that at least Android Studio 0.5.5 uses massive amounts of memory. With Java 8 it gets over 2GB for very simple projects. With Java 7 it is still bad, but takes around 1.5GB.