I have been reading the forums and so far none of the solutions suggested works for me. I'm running Xcode 4.4.1 and testing in iPhone 5.1 simulator. The simulator won't open the apps anymore and I'm getting the above error. Any thoughts or solutions pls?
I've met the same problem
1.you can delete the App directy under
~/Library/Application Support/iPhone Simulator/6.0/Applications
and ~/Library/Developer/Xcode/DerivedData
2.then you can start Xcode ; in the menubar you can find Project -> Clean
EDIT: before copy/pasting 1 above change the Simulator Version to what you are using!