Whoa. Really? Because as Philip Elmer-Dewitt points out, it's been kind of a while since it's been that low. Are investors thinking that because of the economy; or because Tim Cook doesn't look as good in a mock turtleneck, jeans, and Nikes; or because they're just angry about something completely unrelated?

If it's a vote of meh-confidence in Tim Cook, it's one that's not shared by Apple's board, which voted to give the guy a million shares rated "R" for "restricted." This has caused a . Specifically, the circles of armchair boards of directors.

It was the 2nd largest grant in US corporate history according to Equilar. Second only to one received by Jobs 11 years ago worth $600 million.

Aaron Boyd of Equilar said: "Apple has done quite well recently with Cook in charge, but you'd still be surprised no matter who was getting it."

That seems like a lot. Except, it's all relative really. Over the last 14 years, Jobs was arguably the best CEO in the U.S. (if not the world) in terms of providing shareholder value--Cook is arguably the second best.