I created a single view test app and tried running it on my iPhone 5 with iOS 7 installed. It looks like the screen is set to the iPhone 4 size and black bars appear above and b
In order to solve this problem you have to create launch-screen images for the devices your app supports.
When starting a new app:
For instance let's say your app supports iPhones > 4s, so iPhone: 4s, 5, 5s, 6 and 6plus.
Make sure to make launch-images which have the following dimensions:
For more info about iOS screen dimensions, see this helpful chart
Select your project and then the general settings:
Select or make launch screens in the general section when clicked on your project.
And then make sure you add or select an Launch-image asset:
Go to images.xcassets and select LaunchImage at the left, then select the devices your app supports (at the right)
Make sure you put your images on the right spot, you can select the dashed square and see in the attributes inspector (right section on screen) what dimensions your image needs to meet.
Now when simulating your app all black bars have disappeared.