I have been able to resolve my original problem where I was getting the error:
! error: There is no SDK wih the name or path 'macosx10.8'
Checked some forums and was able to find where the problem comes from. I had to go an change the Base SDK Target to OS X 10.6.8 in the left pane of XCode.
See Image below:
Just in case I have uninstalled XCode and Wwise SDK and reinstalled them again starting with XCode first then adding the Wwise SDK for 2014.1. I have followed all instructions in the 'Readme.txt' files associated with the downloads and still no luck compiling. The error is different now however:
framework not found SDL2
Command /Developer/usr/bin/llvm-g++-4.2 failed with exit code 1
And I do have SDL2 placed into my /Library/Frameworks folder on the root of the drive as per instructions.
Image here: https://drive.google.com/open?id=0BzfrM88hd10QejhmbHFkNzdsRjg&authuser=0
If anyone knows of a solution help would be appreciated!
Running OS X 10.6.8 and XCode 3.2.6 with Wwise 2014.1