Intel Xeon E5 2696 v3 's Advantages
Released 3 years and 5 months late
Higher specification of memory (2133 vs 3)
Larger L3 cache size (45MB vs 8MB)
More modern manufacturing process (22nm vs 32nm)
Intel Xeon E3 1240 's Advantages
Higher base frequency (3.3GHz vs 2.3GHz)
Lower TDP (80W vs 145W)