iPhone - Adjust UILabel width according to the text

Question

How can I adjust the label Width according to the text? If text length is small I want the label width small...If text length is small I want the label width according to that text length. Is it possible?

Actually I have Two UIlabels. I need to place these two nearby. But if the first label's text is too small there will be a big gap. I want to remove this gap.

Answer 1

//use this for custom font
CGFloat width =  [label.text sizeWithFont:[UIFont fontWithName:@"ChaparralPro-Bold" size:40 ]].width;

//use this for system font 
CGFloat width =  [label.text sizeWithFont:[UIFont systemFontOfSize:40 ]].width;

label.frame = CGRectMake(point.x, point.y, width,height);

//point.x, point.y -> origin for label;
//height -> your label height;