Place cherry quarters, and Amaretto into a small bowl to soak.
Add cream and sweetened, condensed milk to a stand mixer. Whip on high for 2 minutes and 45 seconds. The mixture will be thick and hold the lines formed by the beaters.
Gently stir in cherry mixture until it is incorporated but not totally mixed.
Scrape into a temperature safe container with a lid. Lay plastic wrap directly on the surface of the ice cream in addition to putting the lid on the container.
Freeze ice cream over night or until frozen solid before serving. Plan on at least six hours of freezing time.