To pull this off purposefully wouldn't even have to be too expensive, we have no way of knowing whether they are honouring thousands of orders or a couple of hundred. And regarding margins, a hell of a lot of the costs associated with a typical product sale come from distribution (the distributor takes a cut, the retailer/etailer takes a cut, plus MDF marketing costs), so this deal being through the Razer site will certainly help keep the losses down.
Also side note to jamornh: the Blade isn't available in the UK yet, so bad example - but your point still stands, 90% is definitely a loss.