I am trying to run a Swift app on my iPhone 4s. It works fine on the simulator, and my friend can successfully run it on his iPhone 4s. I have iOS 8 and the official release
You have to set the Runpath Search Paths to @executable_path/Frameworks as showed in the following screenshot of Build Settings:
Runpath Search Paths
@executable_path/Frameworks
If you have any embedded frameworks made in Swift, than you can set to YES the Build Options Embedded Content Contains Swift Code.
YES
Embedded Content Contains Swift Code