How to open animated gifs in Photoshop CS4
To open animated gif in CS4 on a MAC
Go to open, select your GIF, then in the bottom left corner of the open file dialogue box select Quicktime Movie as the format, then open your GIF.
You’ll need to open your animations window by going to window -> animation. This will bring up the time line.
If you want to have all of the frames broken up into layers, click the options in the animation window, and select “Flatten Frames into Layers”.
This will give you access to all the frames as layers and you can now edit the GIF as though it was a movie.