Heat oven to 375°.
Core apples. Pare 1-inch strip of skin around middle of each apple, or pare upper half of each to prevent splitting.
Place apples in ungreased baking dish.
Place 1 teaspoon to 1 tablespoon honey, 1 teaspoon margarine and 1/8 teaspoon cinnamon in center of each apple. Sprinkle with cinnamon. Pour water into baking dish until 1/4 inch deep.
Bake 30 to 40 minutes or until tender when pierced with fork. (Time will vary with size and variety of apple). Spoon syrup in dish over apples several times during baking if desired.
Microwave Time: 10 minutes
Prepare apples as directed – except omit water.
Place each apple in 10-ounce custard cups or individual casseroles.
Microwave uncovered on high 5 to 10 minutes, rotating cups 1/2 turn after 3 minutes, until apples are tender when pierced with fork.