Wrong. It's polarity, not the number, of the magnets.
Fully understand it is polarity.
I beleive there are only two possibilities for why there covers are still working.
1. They built all of the smart covers with the polarity of all the magnets facing the same direction and they knew that when they developed the new iPad.
2. The more magnets in the cover the better the odds one is facing the correct direction.
Apple is great at planning every detail but I don't know if they are that good.