Apple made $18 billion in profit in the 3 months of 2014.
Chevron is trading at $196 billion.
Apple seems on track to continue massive iPhone sales in China through 2015. Apple 74.5 million iPhones in the 4th quarter of 2014 worldwide.
By the end of the year, Apple is on track to being able to purchase Walmart ($239 billion) for all cash.
Samsung only has a market valuation of $227 billion. Of course South Korea would never permit that purchase and anti-trust laws would also block it.
Currently there are only sixteen of the top US companies that are too expensive for Apple to buy for cash If Apple keeps up the profit pace and maintains margins then by the end of 2016 all companies below $340 billion in valuation would be a possible cash purchase.
SOURCE - Google, Valuewalk