You can use Key-Value Coding to set a property for each instance of the label in the array:
[multipleLabels setValue:[UIColor redColor] forKey:@"textColor"];
"IBOutletCollection (UILabel)" may be omitted in the iVar declaration if it is used in the property declaration.
- "makeObjectsPerformSelector:" NSArray:
[multipleLabels makeObjectsPerformSelector:@selector(setTextColor:) withObject:[UIColor redColor]]