So I have a brand new app I created last night for iOS6, using XCode 4.5. I can properly develop on my iPhone 4 with iOS6.
Today I got my new iPhone 5 with iOS6 and,
I ran into the same problem. When I check the compiler it is showing incompatible compiler. you need to make it valid one. To set valid compiler follow the steps
select your
project----> build settings-->
on the search bar type compiler and search
now you can find build options under build options you will find compiler for c/c++/objective c set it to valid one.