PLACE apples, raspberries and cinnamon sticks in Dutch oven. Bring to boil on medium-high heat. Reduce heat to low; cover. Simmer 15 to 20 min. or until apples are tender, stirring occasionally.
STIR in sugar. Remove and discard cinnamon sticks. Cool to room temperature; cover.
REFRIGERATE at least 1 hour or until ready to serve.