I'm not sure this is so surprising. Most people who code in PHP are not well versed in what PHP is actually doing at the bare metal. I'll state a few things, which will be true most of the time:
If you're not modifying the variable, by-value is faster in PHP. This is because it's reference counted anyway and by-value gives it less to do. It knows the second you modify that ZVAL (PHP's internal data structure for most types), it will have to break it off in a straightforward way (copy it and forget about the other ZVAL). But you never modify it, so it doesn't matter. References make that more complicated with more bookkeeping it has to do to know what to do when you modify the variable. So if you're read-only, paradoxically it's better not the point that out with the &. I know, it's counter intuitive, but it's also true.
Foreach isn't slow. And for simple iteration, the condition it's testing against — "am I at the end of this array" — is done using native code, not PHP opcodes. Even if it's APC cached opcodes, it's still slower than a bunch of native operations done at the bare metal.
Using a for loop "for ($i=0; $i < count($x); $i++) is slow because of the count(), and the lack of PHP's ability (or really any interpreted language) to evaluate at parse time whether anything modifies the array. This prevents it from evaluating the count once.
But even once you fix it with "$c=count($x); for ($i=0; $i<$c; $i++) the $i<$c is a bunch of Zend opcodes at best, as is the $i++. In the course of 100000 iterations, this can matter. Foreach knows at the native level what to do. No PHP opcodes needed to test the "am I at the end of this array" condition.
What about the old school "while(list(" stuff? Well, using each(), current(), etc. are all going to involve at least 1 function call, which isn't slow, but not free. Yes, those are PHP opcodes again! So while + list + each has its costs as well.
For these reasons foreach is understandably the best option for simple iteration.
And don't forget, it's also the easiest to read, so it's win-win.