Let's say I do the following:
From here, I can build a debug build of the framework (inside the Debug-iphoneos folder), but I cannot figure out how to build the release version of the framework (inside Release-iphoneos). I thought Archive might do it, but it doesn't. Pointers please?
To get a release build, you need to change your scheme settings:
Alternatively, create a new scheme for release builds.
Ensure you have a device selected. Not the simulator.
Build your project and you should see that it gets added to this location: (Click the arrow to navigate there in finder)
And after drilling down, you should be able to find the release folder with your release framework inside.