The Trump Phone: Is It Real Yet?
▼ Summary
– The Trump phone remains unavailable with no updates, release date, or response from Trump Mobile despite repeated inquiries.
– Trump Mobile required a $100 deposit for preorders, taking customers’ money without delivering the promised product.
– Early buyers have been without their deposits for nearly five months, potentially missing out on investment opportunities.
– If the deposits had been invested in stocks like Tesla or Apple, they could have earned significant profits instead of sitting idle.
– The author emphasizes the financial loss to customers and the lack of transparency from Trump Mobile regarding preorder numbers and deposit usage.
The much-hyped Trump phone remains a phantom product, with no tangible updates or release details available to the public. For the second week running, the situation appears unchanged. The official website shows no new information, a specific launch date beyond “this year” is still missing, and attempts to contact Trump Mobile via email have gone unanswered. Their social media channels maintain a conspicuous silence, offering no clues about the device’s progress or eventual availability.
This isn’t merely a case of a delayed product. The venture secured $100 deposits from early adopters during its preorder phase, a financial commitment customers made nearly five months ago. While the company has provided no evidence of actual phone development, those collected funds represent a significant sum. The core principle of capital is its potential to generate more value over time, even through simple, low-risk investments.
To illustrate the potential opportunity cost, consider some hypothetical scenarios. Had that $100 been invested in Tesla on the day the Trump phone was announced, it would have grown to approximately $131.90 today. An investment in Apple would have yielded an even better return, turning $100 into about $136.57. Placing the same amount into a broad market index like the S&P 500 would have resulted in a more modest, yet still positive, gain of just over ten dollars.
The critical unknown is the scale of these preorders. The total amount of deposits collected by Trump Mobile is not public knowledge. This means an untold number of consumers are currently without their money, missing out on the potential returns they could have earned elsewhere. The Trump Organization has once again declined to comment on the matter.
(Source: The Verge)
