iPad 5 release date may be set for October, as hinted by Apple executives.

As reported by International Business Times, iPad 5 release date will most likely arrive in early part of October. In an interview, the Apple CEO, Tim Cook, hinted about possible iPad 5 release date as he shared, "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."

The statement was supported by the CFO of the Cupertino-based tech giant, Peter Oppenheimer, who revealed that Apple will be very busy this coming fall season because of their lineup of launches, which possibly includes iPad 5 release. Oppenheimer added that he will share more details about it in October. This hint led experts to believe that launch schedule for Apple products such as iPad 5 release date may happen early October.

Meanwhile, KGI Securities analyst Ming-Chi Kuo, who holds a great reputation when it comes to rumors about Apple products, shared a possible iPad 5 release date. He claimed that the iOS tablet will arrive early next month.

Apple fans are also excited to see the new specs of the upcoming tablet. Similar to iPad 5 release date, which still remain to be unclear, there are no official specs yet released for the iOS tablet. However, iPad 5 rumors suggest specs such as 4G/LTE connection, A7 processor and an internal storage with a capacity that could be as huge as 128GB. Furthermore, reports suggest that iPad 5 will keep the 5MP rear camera, despite Apple fans wishing for an upgrade to 8MP.

However, the reports emerging about iPad 5 release date and specs remain to be speculations until now since Apple is still keeping its mum about these highly-awaited details.