Here's why Pokémon's upcoming iPad game doesn't mean Nintendo is going all-in on mobile

Last week, The Pokémon Company International revealed that it’s bringing the Pokémon: Trading Card Game Online to the iPad. This week, investors are rewarding Nintendo for adopting support for smart devices, but the publisher probably isn’t doing that.

Nintendo’s stock ended trading at $14.35 on over-the-counter markets in the U.S. yesterday. That is up from $13.30 last week, and it represents a rebound after the company reported a $97 million loss last quarter on June 30. Investors are primarily responding to the recent announcement that the Pokémon: Trading Card Game Online is coming to iPad, but they also like that this move may indicate Nintendo is planning broader support smartphone gaming. Gamers spent $16 billion on mobile gaming last year, and Japan is the biggest-spending country.