From Apple:
Starting with Xcode 14, bitcode is no longer required for watchOS and
tvOS applications, and the App Store no longer accepts bitcode
submissions from Xcode 14.
Xcode no longer builds bitcode by default and generates a warning message
if a project explicitly enables bitcode: “Building with bitcode is
deprecated. Please update your project and/or target settings to disable
bitcode.” The capability to build with bitcode will be removed in a future
Xcode release. IPAs that contain bitcode will have the bitcode stripped
before being submitted to the App Store. Debug symbols for past bitcode
submissions remain available for download. (86118779)
It allows switching run target (iOS device or simulator) inside
Xcode without re-running cmake or changing dependencies files
App Icons can also be specified now