I am creating a simple calculator app, following the tutorials from Stanford – first assignment.
The actual content is not that relevant, the only issue is that I have a UIRoundRectButton in the storyboard, which displays a fixed text (like “sqrt”).
When I run it in the simulator (iPhone 5, iOS 6) – the text in SOME of the buttons gets cut off.
Screenshots:

Any help?
It looks to me like you’re designing on a 4 inch xib but running on the 3.5 inch simulator, Autolayout will be pinning your lower buttons to the bottom of the screen and they will be getting squashed. Try one of:
Those tutorials were written before Autolayout and the 4 inch display. You probably just want to focus on the tutorial content at this stage, so the last option is probably too much, but I have a blog post here discussing editing constraints in IB.