PREHEAT oven to 425°F. Beat butter and 1/4 cup of the sugar in small bowl with electric mixer on medium speed until light and fluffy. Add 1 of the eggs; beat until well blended. Add 1-1/4 cups flour; mix well. Spread onto bottom and 1-1/2 inches up side of 9-inch springform pan. Bake 5 to 7 min. or until lightly browned; set aside.
BEAT remaining 1/2 cup sugar, the cream cheese, flour and vanilla in large bowl with electric mixer on medium speed until well blended. Add remaining 2 eggs, 1 at a time, mixing well after each addition. Spoon into crust. Top evenly with apples and almonds.
BAKE 10 min. Reduce oven temperature to 350°F; continue baking an additional 30 min. Drizzle evenly with jelly. Run small knife or metal spatula around rim of pan to loosen cake; cool before removing rim of pan. Refrigerate several hours or overnight. Store leftover torte in refrigerator.