Targus A7 10" Neoprene Sleeve for iPad for $12 + free shipping
Meritline offers the Targus A7 10" Neoprene Sleeve for Apple iPad, model no. BUS023301, for $39.99. Coupon code "MLC621QN" cuts it to $11.99. With free shipping, that's the lowest total price we could find by $27. This sleeve is suitable for Apple iPad, iPad 2, and the new iPad. It also comes with a screen protector, although it'll only fit the 1st-generation iPad.
A very similar deal was also reported by: