Trump family unveils Trump Mobile with a flashy $500 gold smartphone

Trump's sons unveiled a new Trump Mobile service on Monday. Among the new offerings will be a gold-colored, $499 smartphone.

Transcript

00:00The Trump family wants to channel Ryan Reynolds success and no, there's no superhero movie in

00:04the works. On Monday, the president's eldest sons launched a Trump branded mobile phone service with

00:10an accompanying golden smartphone that will be available later this fall. We've partnered with

00:14some of the greatest people in the industry to make sure that real Americans can get true value

00:18from their mobile carriers. Trump Mobile, according to its website, will offer a 47 plan for $47.45

00:25a month for unlimited talks, texts, and data. And of course, President Trump was the 45th and is now

00:30the 47th president of the United States. The venture is just the latest way that Trump's family is

00:35finding new ways to cash in while he serves his second term in the White House. The Trump family

00:40is just the latest to offer a niche phone service. Like Reynolds' former Mint Mobile, which was later

00:44acquired by T-Mobile, Trump Mobile is likely to purchase capacity in one of the three major networks,

00:49Verizon, AT&T, or T-Mobile. Donald Trump Jr. has said that Trump Mobile will manufacture its

00:55phones here in the United States, but there's skepticism about his claim given that Apple

00:59and other major competitors have thus far avoided major manufacturing in the United States given

01:05labor costs. According to Trump Mobile, the T1 phone is available for pre-order right now.