Launching instruments from command line with iPhone simulator
$ instruments -t /Developer/Platforms/iPhoneOS.platform/Developer/Library/Instruments/PlugIns/AutomationInstrument.bundle/Contents/Resources/Automation.tracetemplate -w iphonesimulator5.0 MyApp.app
But I get this error:
Instruments Usage Error : Device failed to become ready for use.
-w <deviceID> is used only when you wish to specify a hardware device as the destination (the 'deviceID' here is the Identifier of the device, found in the Organizer of Xcode).
Instead of using -w, you can specify a flag during the build to force instruments to use iPhone. Details can be found here.