Run script Build Phase to create a universal iOS8 framework using an aggregate target. The build target uses CocoaPods (so replace project/target with workspace/scheme).

gistfile1.txt

UNIVERSAL_OUTPUTFOLDER=${BUILD_DIR}/${CONFIGURATION}-universal

# make sure the output directory exists
mkdir -p "${UNIVERSAL_OUTPUTFOLDER}"

# Replace with your scheme
SCHEME_NAME="MyScheme"

#  Build Device and Simulator versions
xcodebuild ONLY_ACTIVE_ARCH=NO -configuration ${CONFIGURATION} -workspace "${PROJECT_DIR}/${PROJECT_NAME}.xcworkspace" -scheme ${SCHEME_NAME} -sdk iphoneos  BUILD_DIR="${BUILD_DIR}" BUILD_ROOT="${BUILD_ROOT}" clean build

xcodebuild ONLY_ACTIVE_ARCH=NO -configuration ${CONFIGURATION} -workspace "${PROJECT_DIR}/${PROJECT_NAME}.xcworkspace" -scheme ${SCHEME_NAME} -sdk iphonesimulator  BUILD_DIR="${BUILD_DIR}" BUILD_ROOT="${BUILD_ROOT}" clean build


# Copy the framework structure to the universal folder
cp -R "${BUILD_DIR}/${CONFIGURATION}-iphoneos/${PROJECT_NAME}.framework" "${UNIVERSAL_OUTPUTFOLDER}/"

# Create universal binary file using lipo and place the combined executable in the copied framework directory
lipo -create -output "${UNIVERSAL_OUTPUTFOLDER}/${PROJECT_NAME}.framework/${PROJECT_NAME}" "${BUILD_DIR}/${CONFIGURATION}-iphonesimulator/${PROJECT_NAME}.framework/${PROJECT_NAME}" "${BUILD_DIR}/${CONFIGURATION}-iphoneos/${PROJECT_NAME}.framework/${PROJECT_NAME}"