These languages are not comparable equivalents. Their specialties are completely opposite. To make their output equivalent, you would have to construct an AI system more advanced than anything that exists today.
Umm......
Speaking of IOS - This IS an area where this may be practical, but that is only because of politics (Apple's tyrannical restrictions). But there are already closure compilers for IOS.
Ricoh printers have a JVM builtin, http://ricoh-ridp.com/sdkj
Simple math.
And I can tell you that a well known mobile company originally from UK, available in most European countries, makes use of Java for Smartcards on their SIM cards.
You made your math wrong. Nowadays, specially if we put outsourcing in the equation, hiring Java developers is way cheaper than hiring C developers, specially since many universities don't teach C any longer.
Although I can understand your point in the second paragraph. Indeed, C is a language that is nowadays mostly suited for performance-oriented application. The reason the author translates Clojure code into C, and then into machine code is that this is vastly easier than going straight to native code. As you say, there are so many platforms with different sets of instructions that it would be almost pointless to write an optimized compiler directly from Clojure code to all these platforms, particularly since Clojure is still a somewhat obscure language.
The value in doing this is that Clojure promotes good programming practices. In turn, this means that someone who has little experience with embedded systems or hand-optimizing assembly can write better performing code in Clojure -> C -> assembly than if they tried to use C without any experience. Sure, it won't be as fast as if they were an experienced assembly guru, but the difference will only be a factor of 1-2 -- the algorithm is much more important than the compilation, and this is where Clojure shines.
One other use is when a project is not performance-oriented, but development-oriented. A fast development cycle is in a lot of situations much more important than the speed at which the code runs. As Clojure is currently limited to the JVM (and Javascript maybe??), extending this support to C now extends the domain of Clojure to almost anything.