Preheat oven to 350 degrees F (175 degrees C).
Grease and flour tube or bundt pan. Blend eggs, oil, and sugar until creamy.
Add flour, a little at a time. Blend well. Batter will be stiff.
Fold in apples, coconut, and nuts.
Pour into prepared pan.
Bake in preheated oven for 60 minutes, or until a toothpick inserted into the center comes out clean.· 60m
Let cool 30 minutes in pan, then remove. To Make Topping: Melt butter or margarine, sugar, and milk in saucepan over high heat.· 30m
Bring to boil for 3 minutes.· 3m
Pour over cooled cake.