Helping people with computers... one answer at a time.
Intel's Core i3, i5, and i7 processors present a headache-inducing combination of characteristics. I'll look at what matters and then dig a little deeper.
I was looking at some ads for various computers and noticed some confusing CPU info. For example:
I always thought an i7 was better than an i5, which was better than an i3. Based on the above, is the Acer CPU better (as in more powerful, efficient, and faster) than either of the i7s? And why would one i7 (the SYX) be about 75% faster and more powerful than the Sony i7?
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To call it confusing only scratches the surface of the processor nomenclature and configuration. In my opinion, it's more complex than mere mortals can comprehend.
Sadly, I am but a mere mortal.
However, I will share my priorities, which the average consumer may also have when selecting a computer. In so doing, I'm sure that I'll annoy some of the geekier members of my
audience. 
I'll also look at a few more things that enter into the processor configuration mix and then compare the three processors that you list.
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For the average consumer, I focus processor selection on three things: cores, cycles, and cost.
Cores: By now, you've probably heard the term "core" being thrown about quite liberally. In a nutshell, a core is the working part of a processor - the CPU or Central Processing Unit. The CPU is the part that actually does stuff by following the instructions of the computer program that it's actually running.
These days, most processors have more than one core or CPU on a single chip or package. This means that the processor can quite literally do two to four things at the same time. In a dual core processor, there are two CPUs. Thus, it can process two sets of instructions at the same time. A quad core has four CPUs.
In Should I get a dual core or a quad core processor?, I recommend that you should get at least a dual core processor. There's no reason to get a single-core processor any more (if you can even find one).
Cycles: By cycles, I mean the megahertz or gigahertz (MHz or GHz) measurement associated with a processor. This is simply a measure of the raw speed of the processor. While often limited by other reasons, a 3.0Ghz processor is roughly twice as fast as a 1.5Ghz processor. (One gigahertz is 1000 or 1024 megahertz, depending on who you ask. A 500Mhz processor would be considered one third of the speed of a 1.5Ghz processor.)
It's easy to fall into the "I want as much speed as I can get" trap. Unfortunately, the raw CPU speed plays only a small role these days in our common tasks like web surfing, video playing, emailing, and the like. You'd be hard pressed to notice the difference between a 1.5Ghz processor compared to 3.0Ghz, if that's all you do. On the other hand, if you do regularly perform CPU-intensive tasks, like video creation or other computationally heavy operations, you might well notice.
Naturally, it's safest to get more than you need, but only within the limits of the next criterion.
Cost: The fastest, most capable processors will typically be significantly more expensive than models that are only slightly less capable. For example, on one random machine build-out that I examined, the difference between a 2.93Ghz and 3.06Ghz version of the same processor was roughly 10% of the price of the entire machine: a 10% cost increase for less than a 5% increase in speed. I'd be shocked if you'd ever notice the difference.
The same goes for the number of cores. Technically, four cores are twice as fast as two, although other limitations make that a rarity. If the quad upgrade is comparatively inexpensive, it's an easy one to take. As the incremental upgrade cost rises, the choice becomes less obvious.
Only you know your budget and your needs. When presented with the various options in speed, the thing to look at closely is the percentage performance gain that you might get compared to the cost.
I have to stress that my comments are directed at the average consumer. Clearly, if your needs dictate that you need more cores, you need the most cycles, or you're not sensitive to the cost, then you might as well need to make different considerations.
And, if you are that average consumer, it's pretty safe to stop reading here. In my opinion, you have the basics of what you need to decide what your next computer should have.
There are many other factors that come into play besides cores, cycles, and cost.
Cache: Traditionally, a processor reads instruction from RAM one at a time. Processors have been getting faster and faster, but the speed of RAM hasn't kept pace. To compensate, processors "cache", loading blocks of RAM into faster on-chip memory. How CPU caching works is the stuff of both doctoral theses and nightmares; I don't have the first and I don't want the second. Suffice it to say that bigger is generally better and one of the differences between processors, even within the same "i" family, is the size of the cache that it uses.
Power Consumption: A faster processor uses more power. That part's pretty simple, but it's at odds with wanting to extend battery life in notebook computers as much as possible. As a result, many variants of processors are architected to use less power at the cost of some of the processor's other features. It might operate slower or lack other processor features.
Other Features: Other variations in processors include the type of socket used on the motherboard, the electrical interface used to connect to the other components on the motherboard, on-chip circuitry to perform graphics operations, the maximum amount of RAM that the processor is configured to accept, and probably more.
As you can see, there are a wide variety of combinations, which result in an incredibly wide variety of processors.
Unfortunately, it's not as simple as i7s being better than i5s, which are
better than i3s. You'll note that I ignored the whole i-mess in the discussion above. Unless you're a serious gamer or someone who really needs to tweak
every ounce of whatever out of your system, the whole processor nomenclature is
fairly irrelevant. (This is where the hardware folks heads explode.
) I just
can't advocate the average consumer needing to take the time to understand it
all.
If we do dive in just a little, the first thing to realize is that i3,i5, or i7 isn't enough to identify all the characteristics of the processor. You really do need the whole processor model number as you've provided. To be honest, I still couldn't tell you what makes an i3 an i3 versus an i7. There's a complex combination of features and technologies that go into the mix.
So, let's look at some basic characteristics of your three examples:
| Processor | Cores | Cycles | Cost | Power | Cache | Max RAM |
| i5-650 | 2 | 3.2Ghz | $176 | 73W | 4MB | 16GB |
| i7-950 | 4 | 3.07Ghz | $294 | 130W | 8MB | 24GB |
| i7-740QM | 4 | 1.73Ghz | $378 | 45W | 6MB | 8GB |
(Specs are from Intel's specific product data sheets: i7-950, i7-740QM, i5-650. Cost is "Release Price", per assorted Wikipedia articles on Intel processors. This is not meant to be accurate. It's provided for comparison.)
So, yes, that i5-650 is "faster" in GHz, but it has half as many cores as the i7s that you list. (Nope, not all i7s are quad core. It wouldn't be that simple, but the two that you mention happen to be).
The i7-740QM is clearly designed for the mobile market, given its significantly lower power consumption, probably due to its slower speed. (The trailing "M" in the CPU identifier is, indeed, an indicator that the processor is intended for the mobile market.)
Which is better?
Define "better".
Among these three processors, the i7-740QM is probably a better choice for a laptop if you plan to run on batteries frequently. The i7-950 might make for a good workhorse desktop machine and you might find the i5-650 in a lower end desktop.
But I use "probably" and "might" on purpose. The devil, as they say, is in the details.
And I'll bet that even he has a headache by now.
Article C4812 - May 7, 2011
@Frederick
Posted by: Connie at January 12, 2012 12:24 PMHere's an article where Leo discusses his choices in getting a computer.
What computer should I get?
i wana buy laptop!!!!!!!!
Posted by: umer at February 6, 2012 10:39 PM(HP) i3 500GB Hard disk,4GB Ram,1GB Graphics card +whatever is in laptop.......
it cost me 31,000rs(Indian currency)
should i buy it r should i buy i5???????
i mainly have 2 use it 4 study nd gaming purposes.........
games like god of war 1,2,3 OR call of duty..........
i wana buy laptop!!!!!!!!
Posted by: umer at February 6, 2012 10:42 PM(HP) i3 500GB Hard disk,4GB Ram,1GB Graphics card +whatever is in laptop.......
it cost me 31,000rs(Indian currency)
should i buy it r should i buy i5???????
i mainly have 2 use it 4 study nd gaming purposes.........
games like god of war 1,2,3 OR call of duty..........
Thanks a lot for this article! I'm quite experienced with computers but I never quite understood the whole core, Ghz and i7 thing until now.
Posted by: Urzuxo at April 27, 2012 4:32 PMThanks so much for this article. I'm about to buy a laptop and was wondering if it's really important for me to spend the extra hundred or two for an i7 processor compared to an i-5. I plan to do graphics and web design ultimately so your article helped me on the final decision. Thumbs up!
Posted by: K.M. at April 29, 2012 4:49 PM