This is an original and simple product. What you see in the ad is what you get. When you put it on, your Apple Pencil becomes quite thick but softer. I'm assuming the tip/tip cover is there for protection during transit as you wouldn't leave it behind when using it on an iPad. This is a good product if you don't have a case or holder built into your iPad case. The included cap cover that covers the pen's charging slot is nice as you don't have to worry about where you placed the cap while charging the pen. The only problem I had was not with the product itself. I use Logitech Slim Portfolio with keyboard and pen holder. The holder is a piece of faux leather that the pen goes through. When you put this protector on, you end up stretching the holder, and when you take out the pen, this protector slips out of its position. In the end I just peeled off the protective film and got a new case - without the extended pen holder. I wouldn't take it again but only because my case has a built in pen holder. If you don't have such a case, it can serve you well.
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