Extra cost to make Google phone in US: $4

Google made a big splash when it announced the Moto X, the new flagship phone of the company's Motorola division, will be manufactured in Texas. An analysis of the smartphone's internal components by IHS iSuppli revealed that the Moto X costs between $3.50 and $4 more per phone to make than the Apple iPhone 5 or the Samsung Galaxy S4 -- both of which are assembled in China.

"In spite of its 'Made in the USA' label, overall costs are still competitive with similar smartphones," said Andrew Rassweiler, IHS' senior director of cost benchmarking services. It's a remarkable feat at a time when making gadgets and gizmos in the Far East has become the norm. Don't expect a "Made in the USA" revolution. Not only could $4 per phone be an underestimate in extra cost to manufacture them in the USA, American labor is still too expensive and China has far more skilled engineers than the United States does.