It may have been Apple’s event, yet it made Nintendo’s day.

Apple’s unveiling of its iPhone 7 as well as upgraded Watch on Wednesday showcased 2 market-moving shocks– Nintendo’s Pokémon Go is coming to the Apple Watch, and Super Mario Bros. will certainly be an iOS app by year-end.

The news drove Nintendo stockpile 29 percent, to $36.32, giving the Tokyo business a market-cap boost of $8 billion in a single day.

Apple’s stock really did not get on nearly too– it got just 66 cents to shut at $108.36 percent– leaving several to really feel Wall Street was much less compared to astonished by the most current devices’ technology advances.

Recently, sales of Apple’s rewarding apple iphone as well as Watch have actually slid, creating some concern.

Apple shares are up 3 percent this year, while the Nasdaq has gotten 5.5 percent.

From the stage at San Francisco’s Bill Graham Civic Auditorium, Principal Executive Tim Cook excited concerning Apple Watch– a device, he stated, that became the globe’s second-best-selling watch in 2015, behind just Rolex, despite not introducing up until April 2015.

The new version, Apple Watch Series 2, is swim-proof, has an integrated GPS and also supplies a new range of health and fitness and health and wellness capabilities.

But despite those developments– plus a version of the wildly preferred Pokémon Go video game, focused on obtaining sofa potatoes outdoors– market onlookers think the wearable technology item still has an uphill battle to recognize its potential.

Research firm IDC reported on Tuesday that Apple experienced a 57 percent drop in second-quarter smart wearable tools, creating its share to diminish to 7 percent of the market.

By contrast, IDC said, category leader Fitbit extended its lead throughout the duration by publishing a 29 percent rise in sales to record 25 percent of the market.

Apple clearly had Fitbit in its sights Wednesday on introducing what it called “the excellent running companion”– Apple Watch Nike +.

The tool, explained as the most recent result of a historical collaboration in between Apple and also Nike, supplies many of the very same actions as Fitbit. However it likewise seeks to encourage laggards with such notifies as “Are We Running Today?”