The present invention is a novel electrically powered cosmetic pencil sharpener which firmly sits on a flat surface to avoid shaking during the sharpening process and firmly grips the cosmetic pencil tip to enable the apparatus to rapidly sharpen the paraffin wax tip within three (3) seconds so that the tip will not shatter or crack. The apparatus rapidly sharpens the cosmetic pencil so that its applicator end is formed at a thirty (30) degree angle with a flat tip so as to provide an ideal applicator end. The apparatus includes an indicator light that tells the individual that the sharpening process is complete.