iPad 5 release date may happen anytime soon as more deals and discounts on iPad 4 and iPad Mini emerged.

If you want to buy an iPad 4 or iPad Mini, there is a wide array of deals and discounts on the said devices that you can avail. These deals signal the imminent iPad 5 release date.

US electronics retailer Best Buy is offering open box iPad 4 and iPad Mini deals where consumers can get as much as $50 off the original price of the device. The company assured that open box devices has no damage and all accessories come with the device.

Best Buy offers the following deals that may vary from store to store.

iPad mini 16GB $307.99 - $22 Off

iPad 4 WiFi + AT&T LTE 32GB - $680 - $49 off

iPad 4 WiFi + Verizon LTE 32GB - $680 - $49 off

iPad 4 WiFi 64GB - $652 - $47 off

Another deal is from the Apple Store itself. Consumers can avail greater discounts when they buy refurbished iPads. Buyers can save as much as $80.

More deals also appear in eBay. A seller named chubbiestech is selling an iPad 4 for $444.95 with free shipping.

iPad 5 release date may happen in early October, according to Apple executives. Apple CEO Tim Cook hinted that iPad 5 release date will happen soon in his recent interview.

"Our teams are hard at work on some amazing new hardware, software, and services that we can't wait to introduce this fall and throughout 2014," he said.

Apple's CFO Peter Oppenheimer seemed to agree with the rumour who stated that the company will be very busy this fall as Apple is prepping up for various releases. He said that more will be revealed in October.

According to analyst Ming Chi Kuo, iPad 5 specs and features may include an A7 processor, support for 4G/LTE connection and internal storage up to 128GB, and 5MP rear camera.

However, Apple has not confirmed the rumours yet. Thus, consumers may have to wait and see.