People also claimed the name may have referred to the popular 1930's National Champion Air Race winning aircraft "Mike" and "Ike" built by Benny Howard and flown by Harold Neumann.

Or other people claimed the Matina Brothers, two of whom, nicknamed "Mike" & "Ike," were billed as circus dwarves and had roles as Munchkins in the 1939 film The Wizard of Oz; author Dean Jensen claimed the two brothers had become so popular in America that a boxed candy was named after them.

[4][5] Mike and Ike are oblong fruit-flavored chewy candies that come in several colors and varieties, including cherry, strawberry, orange, lemon, and lime.

[12] In April 2012, the company ran an ad campaign based on the premise that Mike and Ike were "breaking up" due to "creative differences"; the packaging showed one or the other name scratched out.

In addition to a re-designed packaging and juicier tasting candy, a trailer for a movie was released, entitled, The Return of Mike and Ike.