Line a large cookie sheet with wax paper. Set aside.
Wash and dry apples. Remove stems. Press sticks into the top of apples going almost all the way down but not all the way through to the bottom.
Place candy coating in a medium microwave safe bowl. Microwave on high for 1-2 minutes. Stir until completely smooth.
Pour sprinkles into a small bowl. Set aside.
Dip apples into melted candy coating, leaving 1/3 of the apple with out candy coating at the top. (You want some of the red part of the apple to show.) Let the excess candy coating drip off of the apple and back into bowl. Use a spoon to brush off some of the extra candy coating from the bottom of the apple. Then hold the apple on it's side, over the bowl of sprinkles. Use a spoon to pour some sprinkles over the bottom third of the apple in a straight line.
Place dipped and sprinkled apples on prepared cookie sheet until set, about 1 hour. Serve or store covered in the refrigerator for up to 5 days.