Android simulator failed to load the application

Android simulator failed to load the application

I am using phonegap3.0 to develop android/wp7 apps.
For android i installed lastest adt bundle and installed avd simulator and
configured AVD to run application. Whenever i run the application its very
slow cannot load a sample page in android. I am using windows 7 machine
with 4GB memory. Find the following error.
[2013-09-15 10:07:48 - samplePhonegapKendo] ------------------------------
[2013-09-15 10:07:48 - samplePhonegapKendo] Android Launch!
[2013-09-15 10:07:48 - samplePhonegapKendo] adb is running normally.
[2013-09-15 10:07:48 - samplePhonegapKendo] Performing
org.samplePhonegapKendo.samplePhonegapKendo activity launch
[2013-09-15 10:07:52 - samplePhonegapKendo] Launching a new emulator
with Virtual Device 'AVD2.3.3'
[2013-09-15 10:07:57 - Emulator] emulator: Failed to open the HAX device!
[2013-09-15 10:07:57 - Emulator]
[2013-09-15 10:07:57 - Emulator] emulator: Open HAX device failed
[2013-09-15 10:07:57 - Emulator]
[2013-09-15 10:07:57 - Emulator] HAX is not working and emulator runs
in emulation mode
[2013-09-15 10:07:59 - Emulator] emulator: emulator window was out of
view and was recentered
[2013-09-15 10:07:59 - Emulator]
[2013-09-15 10:07:59 - samplePhonegapKendo] New emulator found:
emulator-5554
[2013-09-15 10:07:59 - samplePhonegapKendo] Waiting for HOME
('android.process.acore') to be launched...
[2013-09-15 10:08:50 - samplePhonegapKendo] HOME is up on device
'emulator-5554'
[2013-09-15 10:08:50 - samplePhonegapKendo] Uploading
samplePhonegapKendo.apk onto device 'emulator-5554'
[2013-09-15 10:09:14 - samplePhonegapKendo] Failed to install
samplePhonegapKendo.apk on device 'emulator-5554': timeout
[2013-09-15 10:09:14 - samplePhonegapKendo] Launch canceled!