Upgrading to 5.1 issues with php version

Hi guys,

I am having problem upgrading to Laravel 5.1.

I updated my php version to 5.6.10 as you can see in the screenshot below: http://gyazo.com/803d0273edb33d35caaffd092ce0b6a9

But when I run composer update, I keep getting: Problem 1 - laravel/framework v5.1.1 requires php >=5.5.9 -> your PHP version does not satisfy that requirement. - laravel/framework v5.1.0 requires php >=5.5.9 -> your PHP version does not satisfy that requirement. - Installation request for laravel/framework 5.1.* -> satisfiable by laravel/framework[v5.1.0, v5.1.1].

I have no idea why... I ran composer dump-autoload in case but no help...

Thanks for your help, Ara