Last week, inquiries were made regarding the status of the Trump Mobile phone, specifically the T1 model. As of now, there have been no updates or responses from the company, leaving the situation unchanged. The website remains unaltered, and the only release date provided is a vague “this year.” Attempts to contact Trump Mobile via email have also gone unanswered, and the company’s social media accounts have not provided any additional information.
Trump Mobile has initiated a preorder process, requiring customers to submit a $100 deposit before the phone’s release. Many early buyers have been waiting for nearly five months without a clear timeline for when they might receive their product or a refund.
From a financial perspective, the funds raised from these deposits could potentially generate income for Trump Mobile if reinvested. A hypothetical analysis showed that a $100 investment made on June 16, 2022, the day the Trump phone was announced, would now yield various returns depending on investment options. For example, investing in Tesla could result in approximately $131.90, while an investment in Apple might yield around $136.57, and the S&P 500 index would offer a more modest return of about $110.79.
It is unclear how many preorders Trump Mobile has sold or how many deposits have been processed, making it difficult to assess the full financial impact on both the company and the customers who have placed orders. Furthermore, the Trump Organization has not responded to requests for comment regarding this situation.
Source: https://www.theverge.com/news/816484/does-trump-phone-exist-yet