This seems to be a new option in newer XCode - instead of \"armv6 armv7\" under Valid architectures I now see \"armv7 armv7s\". What is armv7s and do I need to build for it
You do not have to build for armv7s to add support for the iPhone 5. The iPhone 5 can run armv7 compiled code as well. My app has just been submitted to the store and it is build on armv7 only and working perfect!