In plain terms, when Amazon builds a data center, the money goes out two years before any money comes in. Amazon spent $53.1 billion on capital projects in the quarter alone, and Jassy said it now expects to spend about $220 billion for the full year, up from the roughly $200 billion it projected earlier. Where Amazon's record profit came fromAmazon reported net sales of $200.6 billion for the quarter ended June 30, up 20% from a year earlier. Operating income came in at $27.5 billion, against $19.2 billion a year earlier. AWS, the company's cloud division, grew 37% to $42.2 billion in sales — what Amazon called "its fastest growth in 18 quarters."