Getting this with VS2013 Update 1, Windows 8.1, the latest XCode/Mavericks, Xamerin, have a iPhone 4s / iS 7.1 connected to mac.
Happens even with the simple Visual Studio template project > Templates> Visual C# > iOS / iPhone > HelloWorld application
--- Ted
Visual Studio error list:
Error 1 Failed to deploy application to the Ted's iPhone device Xamarin.iOS Extension 0 0
Error 2 MT1001:Could not find an application at the specified directory 0 0