Hmm, a "console class GPU" is something a bit better than a 7870, iirc. Not as good as a 7950 by a long way.
That is one of the announced GPUs, intended mainly for notebooks, and very low-end desktop (equal to the 270/370, roughly...)
That means one of two things, then. They have one new GPU to power everything from the new Fury class GPU, then the new 490 class, then the new 480 class.
Or they are going to have to re-use some of the current range. Like the Fury and the 390.
Otherwise it would be like nV having to use the same chip (GM100) for Titan, the 980ti, the 980 AND the 970. Could they actually do this? Seems unlikely.
So... we should expect some re-brands in the next-gen lineup?