Media event set for September 9, launch likely ~10 days later.
iPad 5 Smart Covers Begin Surfacing in Multiple Colors [Update: Fake]
The video shows the new Smart Covers in gray, black, red, pink, orange, blue, white, and green. The video also shows the new Smart Covers attached to a fifth-generation iPad assembly of the rear shell and front panel, demonstrating how they fit the new design.
With the upcoming iPad measuring significantly narrower than the current-generation model, Apple will be shifting from the current four-panel Smart Cover to a three-panel design similar to that used for the iPad mini Smart Cover. As with existing Smart Cover products, the cover can be folded behind the iPad to act as a stand.
Apple is expected to launch its redesigned iPad and a Retina iPad mini in the near future, perhaps at a media event as soon as next month. Apple also has several updates to its Mac products still to come before the end of the year, and they may make an appearance at that same event.
Update: 9to5Mac has discovered that the alleged Smart Covers are actually being offered for sale on Chinese marketplace Alibaba for just $5 each, strongly suggesting that these are fake/knockoff Smart Covers not from Apple or its official suppliers.