Xcode 5 IOS simulator black screen and app install fails

Question

I just updated my xcode to work with ios7. Now whenever I make a new app, even if its set to build for ios7, I get an error in the simulator when running. It says that the i

Answer 1

This is a version mismatch between your OS X version and your Xcode (iOS simulator) and it seems that you have upgraded your OS X so Xcode needs to be upgraded as well, Check the versions that match with each other.

You need to upgrade your Xcode which will upgrade iOS simulator.

Good Luck,