As Amazon Net Sales continues to grow, net income remains flat as Amazon manages all income it receives to spend it on the future.
Highly profitable Amazon Web Services has raised net income over the last few years.
Last reported quarter 2017 Q3 it was $256.00 million, up by 2% from $252.00 million the same quarter a year before.
Since 2015 it increased by 298%, from $596.00 million to $2,371.00 million in 2016.
Source: Amazon Quarterly Results.