A day after Apple’s earnings were catapulted by iPhone sales, the device did pretty much the same for carrier AT&T (NYSE: T). The telco’s adjusted net income was up significantly—a $1 billion non-cash charge it attributed to the health care reform bill sent profits down by 19 percent in actual terms—and that was enough to beat analysts’ estimates. Still considering that it added 1.9 million wireless subscribers in the quarter—the highest quarterly total in company history, giving it 87 million subs in all—revenues were pretty lackluster, remaining virtually flat year-over-year. The company also signed on 2.7 million iPhone activations, with more than one-third of the activations for customers who were new to AT&T.