'Unable to create an emulator using android studio

I installed android studio on MacBook Pro but when I try to create a virtual device it shows me an error saying that cpu does not support vt-x.



Solution 1:[1]

First you need to download the SDKs you are interested in from Android Studio Tools menu -> Tools -> Android -> SDK Manager or enter image description here from the menu bar.

Don't forget to install the intel x86 emulator accelerator haxm from the SDK Manager - this will speed up significantly your android virtual device.

Then proceed as you mentioned in your question.

You can find more information here.

EDIT : From the comments your OS X version is 10.7.5 and Android Studio runs on 10.8.5 so you either :

Update your OS X installation Install Eclipse and use the ADT plugin from google on your current configuration.

Sources

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Source: Stack Overflow

Solution Source
Solution 1 arnab2198