But it is not exactly.
In the spring, Apple may release a new Apple Watch Series 5 RED smart watch, the proceeds of which will go to support the HIV and AIDS fund. The French WatchGeneration blog has repeatedly found mention of new watches in the Apple database, but now they are already deleted.
According to the blog, there will be Series 5, maybe with an aluminum case, and its color will be close to the color of iPod touch RED. If Apple follows its usual policy, it is likely that the red version of the watch will cost from 449 euros.
It is likely that the watch can be released in the spring of 2020. However, there is no official information about this yet.