Place the apple slices in a circle on a serving dish. If you use an apple slicer (the kind that cuts it into wedges and removes the core), you can slice it right on the plate, remove the core and proceed.
Drizzle the caramel sauce around the crown. Place the whipped cream in the center.
Sprinkle the nuts over all.
Top with a cherry.
Recipe courtesy of Jessica Fisher, Good Cheap Eats