No, but then that's not what the TOE says.
Well, that depends on how exactly one defines "apes".
If one means "any modern ape species", as creationists often mistakenly presume it does (as in when they mockingly say, "were you a chimp on your mother's side, or your father's side", etc.), then no, we did not descend from "apes".
If on the other hand one means, "a no longer extant species which would, under modern classifications, qualify as an 'ape' if it still lived today", then yes, the common ancestor of man and the other apes (we're *still* technically apes ourselves, actually) then yes, we descended from apes. The ape clade had already branched off from the monkey clade long before the first proto-human arose, although the "apes" at that time were quite different from the modern ones.