There is no expectation on my part that XP, the original version, the CD that came without SP2 or SP3 would ever be able to run on such a machine.
When we are discussing installing an OS onto a machine there are a lot of hurdles to get there. In this case we would likely be able to get the laptop running XP SP2 or later but the install would from all looks involve the "XP F6 FLOPPY SATA INSTALL" which is frankly only good for those that install XP a lot. I've yet to find any step by step for say the laptop under discussion but it looks like XP would run. WiFi, sound and other things may not function but it looks like the basic OS and apps will work.
-> Windows 8 left even more features out as they decided to drop "legacy support." For example the XP MODE was dropped too. Along with that went a lot of code that let old XP apps run.
I own one and only one app that requires Windows XP (in my case, it works on XP, SP1, SP2 and SP3) and even that is now in a virtual machine for the rare day we need to run it on our modern laptops.