According to Re/code, Apple's iPad event will be held on Thursday, October 16. The event is rumored to be held at Apple's Town Hall Auditorium in a more low-key setting. During the event, Apple is expected to unveil the second generation iPad Air and iPad Mini with Retina Display, along with an iMac sporting a Retina display. Finally, the company will almost surely release OS X Yosemite to the public, either during the event, later in the day, or sometime soon after October 16.
The second generation iPad Air and Retina iPad Mini are expected to be updated with new A8 or A8X processors and support for Touch ID. A recent rumor has also stated that the iPad Air may also be getting the gold colorway in the lineup, no word if the Mini will be getting the same pampering.
The Retina iMac is expected to only be available in the 27-inch model, sporting a "5K" resolution at 5120 x 2880. Rumor claim that this model will also include graphics by AMD and a Haswell processor.
We expect that Apple will also chime in on the status of Apple Pay, as the company said that it would be available for the iPhone 6 and iPhone 6 Plus sometime in October. We'll be sure to have all of the news covered here, for more in-depth iPad coverage, check out our sister site iPadForums.