I just can't see it

BetaNews | Indian Engineers Aiming for $10 Laptop: "Engineers in India are looking into ways to create a laptop that would cost a mere $10. The effort came in response to the increasing price of the so-called '$100 laptop."

I just can't see a $10 laptop. Material alone, minus all labor, overhead and turning materials into stuff, would cost more than $10.

Link:
http://.../Indian_Engineers_Aiming_for_10_Laptop/