Donald Trump’s family unveils Trump Mobile, as well as the upcoming T1 Phone. Critics call this another attempt to profit from the presidency.

Mark Cuban suspects the Trump phone will feature a crypto wallet to cash in on $Trump and stablecoin fees linked to the family's crypto assets.

Unveiled with a price tag of $499 (£366.65), Trump T1 Phone immediately prompts a crucial question: Is this device truly poised to challenge established giants like the upcoming iPhone 17, or does its arrival serve a different purpose, perhaps more rooted in political strategy than technological ambition?

Lately, there have been murmurs about the Trump Organization wanting to enter the mobile phone market. Recently spotted trademarks suggested the organization was looking to launch both a phone and a mobile service. Those murmurs have now turned into a full-blown announcement as the group unveiled its new mobile venture.

On Monday, the Trump Organization — currently run by the president’s children while he serves in office — announced the launch of Trump Mobile.