AT&T sees record iPhone activations in last quarter

Apple's U.S. carrier partner, AT&T, may not have had the blockbuster quarter that Apple had, but it's certainly no slouch, according to its third quarter results. The wireless provider netted income of $3.2 billion on revenue of $30.9 billion in its most recent quarter. That's flat for the company, which also made $3.2 billion in the same quarter last year, as well as in its second quarter this year.