AMD Launches Radeon R7 260 Graphics Card
AMD's Radeon R7 260 has been unleashed!
The AMD Radeon R7 250 and R7 260X are already on the market, but the R7-260 had not been released until now. AMD has launched it, and its specifications are known.
The graphics card is based on the 28 nm Bonaire silicon, which is the same die as featured in the R7-260X or HD 7790. That said, it does feature fewer stream processors, as only 768 out of the 896 cores are enabled. Its clock speed has also been reduced to 1.0 GHz, as compared to the 1.1 GHz clock speed of the R7-260X. The R7-260's memory runs at an effective speed of 6.0 GHz and tallies up to 1 GB over a 128-bit wide memory interface.
Pleasantly, the card also supports a number of the new technologies from AMD, including Mantle and TrueAudio. It also has support for DirectX 11.2.
There was no official word on what the card would cost, but it seems that it'll be priced at around $110 to sit between the pricing of the R7 250 and the R7 260X. It is expected to start shipping halfway through January.

Hopefully, AMD will get their Bonaire driver problems sorted too.
As I said, if the price doesn't make sense, it has no place. Using left over chips that failed spec doesn't change the fact that unless it has a decent price, there is no point to the product. Also, I was referring to the Linus Catchphrase "Why does this exist?" as he has done benchmarks/reviews for several newer cards from AMD and some of the x and non x versions are so similar in performance (but not price) it makes you question half of their line. The answer was money, btw.
As I said, if the price doesn't make sense, it has no place. Using left over chips that failed spec doesn't change the fact that unless it has a decent price, there is no point to the product. Also, I was referring to the Linus Catchphrase "Why does this exist?" as he has done benchmarks/reviews for several newer cards from AMD and some of the x and non x versions are so similar in performance (but not price) it makes you question half of their line. The answer was money, btw.
I agree with what you're saying, but tsnor's answer makes a lot of sense, try to understand his comment before going against it.
And, I doubt tsnor will disagree that the price has to make sense, or no one will buy it. "Why does this exist?" is indeed a very good question. Just add "What price makes sense for this product?"
Price it competitively and it'll take the place of the 7770 as the budget gamer's best friend
Agreed. Even with people with small budgets (me included), there is little reason to get something under 125$. At 125$ and above is where you want to start. The HD 7850 and the 650 Ti Boost both are around that price and they are excellent. Below that price, GPUs start to lose performance faster than price.
There are still a lot of people upgrading out there, who have older IGP's and/or limited OEM PSUs for whom the HD6670, HD6570, or even (for Blu-Ray) HD6450 remains a valid upgrade.