Profit up in first quarter for Amazon.com

Profit rose for Amazon.com Inc in the first quarter compared to the same period of the previous year, the company reported late Tuesday.

The company's bottom line totalled $10.43 billion, or $0.98 per share. This compares with $3.17 billion, or $0.31 per share, in last year's first quarter.

The company's revenue for the quarter rose 12.5% to $143.31 billion from $127.36 billion last year.