I downloaded the current version of Android Studio (latest as of 4th July 2013) I also downloaded the JDK version 7u25.
However, it displays error after startup: Ple
If you are using Windows, the installation can be confusing for many users...
The installer lets you specify an installation path, but this is only if you have the JRE option selected to install.
The actual JDK installs automatically to...
C:\Program Files\Java\jdkX.XX on 64-bit
C:\Program Files (x86)\Java\jdkX.XX on 32-bit
So you need to make sure you set the JAVA_HOME variable in environment variables set to this JDK path, not the JRE path that appears in the installer.