Cherry trees and shrubs bare a smooth, round fruit with a hard stony seed and are native to northern temperate regions of the world.  The wood from these trees is often a carmel-brown that ranges from rich red to reddish-brown.  The sapwood is a creamy white.  Trees grow from 60' to 80' in height and can live from 150 to 200 years.  The wood has a medium density and strength with good bending properties.

Source: http://www.hardwoodinfo.com/

Cocobolo is a hardwood from Central America.  It has great beauty and high value. The species is in danger of extinction outside of national parks and reserves.  Due to this, only a small amount makes it to the world market and it is expensive.  The wood is variegated orange, yellow dark red with irregular black stripes.  It is known to change color after being cut.  It is a small to medium tree generally maturing to heights from 45' to 60' with trunks from 18" to 24".  It is very dense, and even a large block of the cut wood will produce a clear musical tone when struck.  

Cocobolo is generally used for fine inlay work, brush backs, knife handles, musical instruments, pistol grips, decorative and figured veneers, bowls, jewelry boxes, luxury pens, and other expensive specialty items.

Source: http://en.wikipedia.org/wiki/Cocobolo