I´m not really sure if you can call them cones? They are only about 1cm or so long (1/2 inch). They are sort of shaped likes pine cones but not exactly. This tree is not even a real pine tree (that is to say that it is not a member of the pine genus - pinus)
You can see from looking at it why it might be called a pine tree. It has needle like leaves similar to a pine although if you look closely you will notice that they are different. For one they don´t grow in groups of two, three or four needles. Each one grows individualy from the branch.