I\'m running the very latest version of xcode (4.2.1). And I\'m signed up to the ios developer program.
When I create a new iOS Application for iPhone or iPad, using

I have same problem within xcode4.5 and iOS6. When I startup iOS simulator 6, it always report "The simulated application quit" and ask me to switch SDKS. Whatever I choose the right location of SDK5.0 or SDK6.0 for the simulator, the problem is still here. So I can't run even a simplest program with SDK6.0, but the old projects with SDK5.0 are ok.
I don't why, because it works well before today. So I follow @quellish's way, close xcode and simulator, remove these directory in my finder: ~/Library/Application\ Support/iPhone\ Simulator ~/Library/Application\ Support/Developer ~/Library/Developer
Then run Xcode again, everything goes ok again! thanks quellish!
I think some files in these directory was broken, so the strange problem happened. If someone know exactly why it happened, it's appreciate you can tell me.