Xcode 4.3, ibtool and Localization

Maybe you tried to use ibtool for a localization process and you got an error like: Error: No developer directory found at /Developer. Run /usr/bin/xcode-select to update the developer directory path. The solution comes from Devblog in this post and states that we have to execute in terminal the following command: sudo xcode-select -switch /Applications/Xcode.app/Contents/Developer