Preheat oven to 350.

Line muffin pan with paper liners.

Combine cake mix, apple juice, vegetable oil, and eggs in a large bowl.

Mix until well blended.

Mix in shredded apple, and fill the prepared liners about 2/3 full.

Bake about 20 minutes or until lightly browned and a toothpick inserted into the center of a cupcake comes out clean.

Allow to cool.

Melt the caramels with milk over low heat until smooth, stirring constantly.

Spread melted caramel over the cupcakes.

Sprinkle with chopped peanuts and insert a wooden stick into the center of each.