XCode supports those 2 values for this Build Setting:
Build Settings > Build Options > Debug Information Format.
Could anybody explain the differences?
From "Project Editor Help":
Debug Information Format (DEBUG_INFORMATION_FORMAT)
The type of debug information to produce.
DWARF: Object files and linked products will use DWARF as the debug information format. dwarf
DWARF with dSYM File: Object files and linked products will use DWARF as the debug information format,and Xcode will also produce a dSYM file containing the debug information from the individual object files (except that a dSYM file is not needed and will not be created for static library or object file products). dwarf-with-dsym