The (RED) Apple Watch Series 5 would likely be a new aluminum offering and based on historical (RED) releases from Apple, could arrive as soon as next spring. It could also help boost sales and push Apple Watch into an even stronger lead in the wearables market.
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Apple introduced (PRODUCT) RED versions of the iPhone 7 and iPhone 8 in March 2017 and April 2018, respectively.
Apple donates a portion of proceeds from every (PRODUCT)RED product that it sells to The Global Fund to Fight AIDS, Tuberculosis and Malaria, raising more than $220 million since 2006. Apple sells a wide range of (PRODUCT) RED products, ranging from iPhone and iPad cases to Beats headphones and speakers.