Intel Xeon E5 4650 v3 's Advantages
Higher specification of memory (DDR4-2133 vs DDR4)
Larger L3 cache size (30MB vs 8MB)
Intel Xeon E 2124 's Advantages
Released 2 years and 11 months late
Higher base frequency (3.4GHz vs 2.1GHz)
More modern manufacturing process (14nm vs 22nm)
Lower TDP (72W vs 105W)