Advantages :
1. Open source
2. Simple and very easy to learn.
3. Support for both structural programming and Object Oriented Programming. Use of variable variables $$var.
4. PHP can be used on all major operating systems, including Linux, many Unix variants (including HP-UX, Solaris and OpenBSD), Microsoft Windows, Mac OS X, RISC OS, and probably others. PHP has also support for most of the web servers today. This includes Apache, Microsoft Internet Information Server, Personal Web Server, Netscape and iPlanet servers, Oreilly Website Pro server, Caudium, Xitami, OmniHTTPd, and many others. For the majority of the servers PHP has a module, for the others supporting the CGI standard, PHP can work as a CGI processor.
5. One of the most Sexiest feature of PHP is that it can plugin with most of the databases. It support with Adabas D, dBase, Empress, FilePro (read-only), Hyperwave, IBM DB2, Informix, Ingres, InterBase, rontBase, mSQL, Direct MS-SQL, MySQL, ODBC, Oracle (OCI7 and OCI8), Ovrimos, PostgreSQL, SQLite, Solid Sybase, Velocis and Unix dbm
6. Power ful built in functions. click here to see all php functions
7. PHP also has support services using protocols such as LDAP, IMAP, SNMP, NNTP, POP3, HTTP, COM (on Windows)
8. PHP has extremely useful text processing features, from the POSIX Extended or Perl regular expressions to parsing XML documents. For parsing and accessing XML documents, PHP 5 standardizes all the XML extensions on the solid base of libxml2 and extends the feature set adding SimpleXML and XMLReader support.
9. Easy deployment and cost effective hosting.
Disadvantages :
1. Security flaws due to unknown vulnerabilities .
2. Not good to create desktop Applications
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