- Combine water and sugar in a large saucepan, and bring to a boil over medium-high heat, stirring occasionally.
- Add apricots, and bring to a boil.
- Cover, reduce heat, and simmer 10 minutes or until apricots are tender.
- Place apricot mixture and vanilla in a blender; process until smooth, and chill.
- Pour mixture into freezer can of an ice cream freezer, and freeze according to manufacturer's instructions.
- Spoon into a freezer-safe container; cover and freeze 2 hours or until firm.