It doesn't look at my edit to the previous post. If you look at the period starting the 2900XT to the HD6970,ATI only had the fastest card once and they still defended their marketshare.
The ATI HD3870 was noticeably slower than an 8800GT(I had an HD3870 and a 8800GTS 512MB,so it was easy to check),and they never dipped below 30% and that was with Nvidia having 4 faster cards and if anything AMD has concentrated on the highend more times since GCN since then.
Yet,they lost marketshare.
AMD trying at all costs to match Nvidia on the highend is costing them.
They went off from the "small die strategy" to large dies and the costs have ballooned up for them and so is the money they make is even less.
AMD has to destroy Nvidia at the high end for enthusiasts to ever buy them,and if they match them it is not good enough.
Best for them to start small again and fight smaller challenges IMHO.
They don't necessarily need a halo card (that would be a big waste of resources right now) - but what they'd be trying to do if they don't have a higher card is like releasing the 4850 without the 4870 it would have fallen flat on its face then and its likely to do that now.
There is but people around these forums and most likely others are buzzing about the price/performance. The great sales of the gtx970 were nothing to do with the gtx980. It was more what people were getting for the money. I see nothing different here if the price and performance is spot on. Would it help if vega was out and beating up the gtx1080/70 most likely.
Amd have been going head to head with Nvidia to no avail so are trying something different. I think they can steel some sales here and maybe get some big contracts with this approach.
The GTX970 wouldn't have looked as attractive without the cards above it though it needed those reference points for its performance/price ratio to stand out and nVidia's market share and halo products also helped to promote it.