I know pip is a package manager for python packages. However, I saw the installation on IPython\'s website use conda to install IPython.
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I may have found one further difference of a minor nature. I have my python environments under /usr rather than /home or whatever. In order to install to it, I would have to use sudo install pip. For me, the undesired side effect of sudo install pip was slightly different than what are widely reported elsewhere: after doing so, I had to run python with sudo in order to import any of the sudo-installed packages. I gave up on that and eventually found I could use sudo conda to install packages to an environment under /usr which then imported normally without needing sudo permission for python. I even used sudo conda to fix a broken pip rather than using sudo pip uninstall pip or sudo pip --upgrade install pip.