> What they really need to do is cost reduce the POWER8 chip.

The price of the 3.42 GHz 10-core version of the POWER8 chip has been revealed as "around $1500":

http://www.anandtech.com/show/9567/the-power-8-review-challenging-the-intel-xeon-/17

I've yet to find prices for the PowerCore CP1.