When I build my app with Xcode 4 it always show this error message:
CopyPNGFile /Users/michaelchen/Library/Developer/Xcode/DerivedData/iMusicBox-boeawugacmha
in my case with xcode 4.5 the problem is solved by permission giving with terminal
chmod -R +rw /yourprojectpath/yourprojectfolder
this is maybe not the best solution because of locking files with file sharing. But will do if you are in hurry.