Processing Symbol Files in Xcode

Question

I was wondering if anyone could tell me what Xcode is actually doing when it says: \"Processing Symbol Files\" after plugging in your device?

Answer 1

In Xcode Version 6.1.1 (6A2008a), after "Processing Symbol Files", a folder containing symbols associated with the device (including iOS version and CPU type) was created in ~/Library/Developer/Xcode/iOS DeviceSupport/ like this: