Intel Xeon E7 8870 's Advantages
Higher base frequency (2.4GHz vs 2GHz)
Lower TDP (130W vs 135W)
Intel Xeon E5 2698B v3 's Advantages
Released 3 years and 9 months late
Higher specification of memory (2133 vs 3)
Larger L3 cache size (40MB vs 30MB)
More modern manufacturing process (22nm vs 32nm)