1. In 3-quart saucepan, bring water, apricots, honey, and cinnamon to a boil.
2. Stir in oats; return to a boil.
3. Reduce heat to medium; cook about 1 minute for quick oats (or 5 minutes for old fashioned oats) or until most of liquid is absorbed, stirring occasionally.
4. Let stand until of desired consistency.