Xeon X5365 's Advantages
Lower TDP (150W vs 160W)
Intel Xeon E5 2687W v3 's Advantages
Released 7 years and 1 months late
Higher specification of memory (DDR4-2133 vs DDR3
Depends on motherboard)
Higher base frequency (3.1GHz vs 3GHz)
More modern manufacturing process (22nm vs 65nm)