If you want the latest version of PHP on your MAC with Apache and MySQL as a stack you should check the AMPPS Stack :
http://ampps.com
I read about it here :
http://chriswiegman.com/2013/05/bye-bye-mamp-pro-hello-ampps/AC
There are a few pre-packaged and pre-compiled versions of PHP for Mac OS X. This can help in setting up a standard configuration, but if you need to have a different set of features (such as a secure server, or a different database driver), you may need to build PHP and/or your web server yourself. If you are unfamiliar with building and compiling your own software, it's worth checking whether somebody has already built a packaged version of PHP with the features you need.
The following resources offer easy to install packages and precompiled binaries for PHP on Mac OS:
If you want the latest version of PHP on your MAC with Apache and MySQL as a stack you should check the AMPPS Stack :
http://ampps.com
I read about it here :
http://chriswiegman.com/2013/05/bye-bye-mamp-pro-hello-ampps/AC
The Entropy package is no longer maintained.
Liip supply PHP 5.3 and 5.4 packages that are easy to install.
http://php-osx.liip.ch/
Liip now supports PHP 5.5 too - http://php-osx.liip.ch/ - all very easy to install - just 1 command line.