Windows Phone 8 Emulator not launching. Error code 0x80131500

Question

I have problem with Visual Studio 2012 (OS: Windows 8.1 Preview)

1. Create empty project (Windows Phone App)
2. Press F5 to start debugging.

Answer 1

Windows 8.1 Preview does not support the Windows Phone 8 sdk to run on the Visual Studio 2012. You cannot run Emulator as well so better you should use a stable Windows 8 version for WP8 development. This is the statement right from Microsoft Support

After you upgrade your OS to Windows 8.1 Preview, you cannot run Windows Phone 8 Software Development Kit (SDK) emulator (XDE.exe) in Microsoft Visual Studio 2012

Reference here