The orange colored Smart Cover has apparently been dropped, we’re guessing perhaps it’s not a color for an accessory that many are fond of? In place of the orange cover, Apple has introduced a new dark gray cover, which looks a little bit more serious and subdued. Not just content with introducing a new color on the outside, Apple has similar updated the colors of the underneath portions of the Smart Covers.
Previously the Smart Covers had a gray underside, but it has now been updated to match the color on the outside, so your red cover should have a red interior, and your blue cover sporting a blue interior. Supposedly Apple has also updated the colors of their existing polyurethane covers, making them more “vibrant”. Prices have remained untouched.