In a large saucepan, bring milk and water to a boil. Add the steel cut oats, and cinnamon, reduce heat to low, stirring occasionally until creamy and cooked through. (Alternatively, cook according to package directions)
In a medium skillet over medium heat, heat butter until melted, add the sliced apples and toss until coated with butter. Sprinkle with the sugar, cinnamon nutmeg, and stir. Cook for about 5 to 7 minutes, until the apples have softened. Add in the lemon juice, and brandy. Cook for an additional minute or two until the sauce is slightly reduced.
Spoon the warm apples over the oatmeal and serve.
