Is this fix working then? and if so, with which SDK version? I tried this with iPhoneSimulator8.1.sdk and get the following:
Unable to launch iOS Simulator from the following location:"/Applications/Xcode.app/Contents/Developer/Platforms/iPhoneSimulator.platform/D eveloper/SDKs/iPhoneSimulator7.1.sdk/../../Applications/iPhone Simulator.app/Contents/MacOS/iPhone Simulator"