Adjust UILabel height depending on the text

Question

Consider I have the following text in a UILabel (a long line of dynamic text):

Since the alien army vastly outnumbers the team, players m

Answer 1

NSString *str = @"Please enter your text......";
CGSize lblSize = [str sizeWithFont:[UIFont systemFontOfSize:15] constrainedToSize: CGSizeMake(200.0f, 600.0f) lineBreakMode: NSLineBreakByWordWrapping];

UILabel *label = [[UILabel alloc]init];
label.frame = CGRectMake(60, 20, 200, lblSize.height);
label.numberOfLines = 0;
label.lineBreakMode = NSLineBreakByWordWrapping;
label.font = [UIFont systemFontOfSize:15];
label.text = str;
label.backgroundColor = [UIColor clearColor];
[label sizeToFit];
[self.view addSubview:label];