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Barchart
Pathikrit Bose

The Trump Family Is Betting Big on Mobile Phones. Should Apple Stock Investors Be Worried?

President Donald Trump’s family business is entering a new market: mobile phones. 

This initiative, led by the president’s sons Eric Trump and Donald Trump Jr., will feature a made-in-the-USA phone retailing for $499 and a mobile phone service priced at $47.45 a month, a reference to Trump’s terms as the 45th and 47th president. Trump Mobile, which will be operated by T1 Mobile LLC, also promises to run U.S.-based call centers for customer support. 

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