Although this may look like a cute clutch, it is actually an ipad cover - perfect for the techie woman in your life :) 

I recently saw these at a boutique, and if I could find a way to use it as a purse, I would!

They are made by Mud Pie, and retail for $28.50:

http://www.mud-pie.com/p-2401-navy-chevron-ipad-case.aspx?EID=442&EN=Category