Yeah, because an unlicensed product and a TV commercial from the 90's is what Pachter was talking about...
Nintendo licenses out Mario, etc for things like bed sheets and pajamas and lunch boxes. They just don't do it aggressively. You really have to look for them. And Pokemon figurines are currently at MC Donald's as a happy meal pack in toy.
Now as for the comment about Nintendo releasing GBA games on iOS and Android, well I am less sure about how that would work. I think Nintendo would make lots of money doing that, but it also might eat into the sales of their handheld. Because if people can buy Nintendo games on a non Nintendo platform, perhaps they might skip something like the 3DS altogether. Of course, I don't know if that's true or if the two could co-exist, but there is that concern. Also, Nintendo is all about the quality of the experience with their IPs.