I just upgraded to Xcode 5.0.1 on OSX Mavericks and upgraded Xcode to 5.0.1. When I try to launch an app on iOS 7.0.3 Simulator, the Simulator won't launch. The app will launch on iOS 6.1 Simulator, but the iOS 7.0.3 Simulator just gets stuck on a black screen.
Anyone else have this issue? I've tried re-installing XCode as well and still get the same problem.