Considering that AMD mentioned they want to make the recommended VR spec more affordable, the 480 must come in under £200 and have at least 390/970 levels of performance. Plus it's an R9 x80 card, those cards have never really been priced above the £200 mark. Such a card would have to be name 490 and 490X instead.
If the 480 came in at close to current 390/970 prices... such a release would be pointless.
If the 480 came in at close to current 390/970 prices... such a release would be pointless.