This IS NOT INCORRECT. I have numerous apps that still work. Provisioning profiles have nothing to do with the app running and everything to do with installing the app. If you need to re-install the app XCode automatically regenerates a new provisioning profile for you. Please educate yourself about the details of how technical items work before speaking negatively about something.

I have my fair share of complaints about Apple but speaking negatively via ignorance is always something that should be corrected.