Intel Xeon E5 1650 's Advantages
Higher base frequency (3.2GHz vs 3GHz)
Lower TDP (130W vs 165W)
Intel Xeon E5 2692 v3 's Advantages
Released 2 years and 6 months late
Higher specification of memory (2133 vs 3)
Larger L3 cache size (30MB vs 12MB)
More modern manufacturing process (22nm vs 32nm)