Abstract: A waffle cone forming apparatus includes an inner conical mold with a plurality of waffle-forming recesses arrayed in several rows about the periphery of the conical mold. A clamshell mold assembly surrounds the inner conical mold, the clamshell mold assembly having two halves hinged together and each having protrusions formed on its inner periphery corresponding in size, shape and number to the waffle-forming recesses about the periphery of the conical mold. Heating elements are associated with each of the inner conical mold and the clamshell mold assembly which surround the inner conical mold to bake a waffle dough/batter placed in the waffle cone forming apparatus.