I wanted to test it out my-self so I created one god like and one demi god like character using the potion loop and the Oghma book case glitch and this was the result with some trial and error:

My Khajitt Tharkun: Armor rating of 2075262 wearing glass armor
Glass sword- 790 with 69 fire and 69 shock
Elven bow- 793 with 46 shock and soul trap
Glass gauntlets- 204 unarmored

My Orc Felarof: Armor rating of 3690740224 with shield in Daedric armor
Daedric sword- 539699840 with soul trap
Daedric bow- 539699840 with soul trap

I only did this because every other vid. of someone using the Ogham glitch and potion loops never break a 1000000 armor rating and I have yet to see a weapon that does more then 700 damage in each hand, so I wanted to try it for my-self.Now don't get me wrong these two characters are for fun I'm not using them to finish the game they take all the fun out of the game, I just wanted to do what PC players have been able to do seeing how I'm on console and was unable to do this in Oblivion.I'm also interested in seeing if I fluked into getting the numbers right or if there are more out there that managed to reach the same numbers in armor rating and weapon damage.