This just started happening that my iOS project is only showing "My Mac 64-bit" rather than the Simulator or my iPhone to build to. I have no idea why this is happening. I do not think that I have changed anything.

I have my project set to iOS 5 as the base SDK, but no matter what I do it seems to never show my any other options to build for. I have restarted Xcode a few times, and still no luck.
Why is the happening?
Xcode 4.2, Build 4D199
 
     
     
     
     
     
     
     
    
 
     
     
     
    
 
     
     
  
     
     
    
 
     
     
     
     
    