Why does the launch screen view get misaligned in iOS 8 when running the app with an enlarged status bar? See the attached image for details:
- The launch screen view seems to be cropped/resized from bottom by 20 pixels
- The Home screen background shows underneath (the red arrow)

The LaunchScreen.xib has auto layout enabled and Info.plist has the following settings:
- Status bar is initially hidden:
NO - View controller-based status bar appearance:
NO - Status bar style:
UIStatusBarStyleLightContent
I'm using Xcode 6.3.1 (6D1002) and running the application in iPhone 6 with iOS 8.3.