Context: For a company the size of Amazon — which analysts currently expect to record $232 billion in revenue in 2018 — the video channels wholesale business is …

AWS growth rate was slightly higher than expected. As this chart from Statista shows, Amazon has broken out of its past pattern of delivering modest profits, with the bottom line soaring in 2018. AWS had operating income of $7.3 billion for 2018 to Amazon North America's $7.27 billion. Amazon annual net income for 2018 was $10.073B, a 232.11% increase from 2017.

For the fourth quarter, Amazon reported $7.43 billion in revenue from its cloud-computing business, up 45.3% from the same period a year earlier.

Amazon cloud revenue jumps 49 percent. For the fiscal year 2018, Amazon reported earnings of US$10.07 billion, with an annual revenue of US$232.887 billion, an increase of 30.9% over the previous fiscal cycle. Amazon.com's Revenue Growth Is Impressive: Its Record Profit, Not So Much Amazon's revenue continues to rise rapidly, but the company may be making unwise investments to keep its growth rate up. Amazon annual net income for 2019 was $11.588B, a 15.04% increase from 2018.

Product sales account for goods sold by Amazon and exclude revenue from service sales, such as Amazon’s computer power business (AWS) and commissions paid by Amazon marketplace sellers. By 2020, Amazon will earn 7.0% of all US digital ad dollars. Amazon today reported earnings for its fourth fiscal quarter of 2019, including revenue of $87.4 billion, net income of $3.3 billion, and earnings per share of $6.47 (compared to revenue … Key Points. Amazon Web Services reports 45 percent jump in revenue in the fourth quarter Published Thu, Jan 31 2019 4:06 PM EST Updated Fri, Feb 1 2019 12:19 PM EST Jordan Novet @jordannovet KEY STAT: US advertisers will spend $4.61 billion on Amazon ads this year, more than at any other firm besides Facebook and Google, after a growth spike from a significant reclassification of revenue this year. AWS nudged out Amazon's North American e-commerce unit to deliver the most operating income for 2018. As of 2018, Amazon.com is ranked 8th on the Fortune 500 rankings of the largest United States corporations by total revenue. Amazon net income for the twelve months ending March 31, 2020 was $10.562B, a 12.02% decline year-over-year. Published Thu, Jul 26 2018 4:22 PM EDT.

Product sales in the fourth-quarter holiday period accounted for 31.5% of 2018 product sales, coming in at $44.70 billion, up 8.2% from Q4 2017. Jordan Novet @jordannovet. Amazon’s ad revenue could reach $4.5 billion in 2018, a 61% increase from $2.8 billion in 2017