Johnson Controls Unsubstantiated Claims of Massive Growth

Author: John Honovich, Published on Sep 30, 2009

Johnson Controls makes unsubstantiated claims to massive growth for its security integration business. They claim that their market share has increased from 2% to 5% in the last year - which implies that their revenue increased 250% (assuming the market as a whole was essentially flat). On a dollar basis, given their assumptions, it implies that their revenue in security integration increased from $500 Million USD in 2008 to $1.2 Billion USD in 2009.

SSN confirmed in the comments that these are JCI's own internal numbers that have no independent backing.

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