The 384 shaders can be used with OpenCL 1.2 for general-purpose calculations (as 6 compute units). Current and demanding games (as of 2012/2013) like Far Cry 3 will run fluently in medium-low resolutions and detail settings.
The performance of the Radeon HD 8730M is similar to the GeForce GT 640M LE. The core is clocked at 650 MHz (700 MHz Boost) and can access a DDR3 VRAM (1000 MHz). It is based on the Mars chip (28nm GCN architecture) with 384 shader cores, 24 TMUs, and 8 ROPs.
The AMD Radeon HD 8730M (sometimes known as the ATI Mobility Radeon HD 8730) is a DirectX 11.1 graphics card for laptops.