Wrong standard of comparison
This isn't like a desktop computer or even a smartphone/tablet - it's more like the embedded controllers in mp3 players, stereos, washing machines... this is a high frequency by the standards of these things; many run at 16MHz (including current Arduinos) or 20MHz. They are generally used to interface with physical hardware and sensors, which simply aren't feeding data fast enough to keep a gigahertz processor busy.
In any case, once you start working at high frequencies, circuit design gets rather trickier. These things are designed for enthusasts to plug into breadboarded prototypes, which are not designed for high frequency signals. They also need to be able to tolerate input voltages much higher than delicate high-speed computer processors.