Basically mirroring the specs for the Macbook Pro, the new Xserve will also handle two dual core Xeon processors. While I do not really equate this with quad 64-bit processing, they do also call it quad core 64-bit processing, which is of course quite accurate. It is still a powerful piece of hardware. However, while the Macbook Pro is available immediately, the Xserve will not be available until October.
The base configuration available for $2999 contains two 2.0 GHz Xeon processors, 1 GB of RAM, an 80 GB SATA HDD, dual onboard gigabit ethernet ports, internal graphics and an unlimited license of Mac OS X Server version 10.4 Tiger. The system can be maxed out with 2.24 TB of HDD storage, 32 GB RAM, 3.0 GHz Xeon processors, an ATI Radeon X1300 256MB PCI Express graphics card and redundant power supplies. Lot of power for a 1U server, five times faster than the previous generation is what Apple claims. And with this conversion the Intel conversion is complete.