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Preheat oven to 350.
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Beat creamy cheese with sugar and vanilla until fluffy.
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Unroll crescent dough and separate.
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On a pizza pan place triangles overlapping with long pointed ends outward. So that there is about a 6″ circle left in the middle of the pan.
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Spread apples over the lapped dough area.
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Drizzle caramel sauce over apples.
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Spread dollops of cream cheese mixture over the apple filling.
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Fold pointed ends of crescents over the filling and pinch into lapped dough to seal.
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Bake for 18-20 minutes or until golden brown.
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Mix Powdered sugar and milk until smooth glaze forms.
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Drizzle glaze over ring.