Anyone making the argument that Apple (News - Alert) is sure to be outdone by Android hasn’t seen the latest shipment numbers. According to investment firm Susquehanna, Apple is set to ship as many as 30.3 million iPhones this quarter.

According to this CNet report, the estimate is an increase from the 27.1 million the firm projected earlier this year. The anticipated numbers are even higher for Apple’s full fiscal year, which began in October. Susquehanna expects the company to ship as many as 111.4 million iPhones. This figure is also an increase from earlier predictions of 104.4 million.

Why change the forecast now? According to the investment firm, there continues to be a heavy demand for the iPhone (News - Alert) 4S. Considering the smartphone is now available from three different carriers, Apple’s share of the market is expected to continue its rapid growth.

At the same time, the company has also reported that certain constraints in the supply chain have been resolved, enabling faster time to market to meet demand. Apple is now increasing its iPhone build plans for the current quarter, as well as for the first quarter for calendar 2012.

Jeffrey Fidacaro, a Susquehanna analyst, shared that demand appears to still be solid for the iPhone 4S. The company is shipping the product in one to two weeks when ordered online. Retail outlets tend to sell out for in-store reservation and pickup. This demand as well as the positive support from AT&T and Best Buy (News - Alert) helps to boost outlook for the iPhone in the coming months.

The forecast is strong for North America, and modest in Asia Pacific and Western Europe.

Overall, carrier promotion of the phone is expected to continue to be strong, resulting in 7.2 million sold for AT&T in the current quarter, an increase from Susquehanna’s earlier estimate of 6 million. Verizon (News - Alert) Wireless will take second place with 4.4 million phones sold in the quarter, an increase from 3.6 million projected. Sprint will bring up the rear, selling 1.75 million, a projection that remained unchanged.

In other Apple news, TMCnet recently reported that the company was in a little hot water recently with a Driver License app available from the App Store. The app allowed users to create a driver’s license from any state and then e-mail it to themselves. With the use of a color printer and laminate, they can create the perfect fake driver’s license.

Believe it or not, it took two years for the app to get noticed as a problem app as developers went to great lengths to be sure the licenses did not look like the real thing. When a teenager is trying to gain access to a club or bar that requires proof of age – is the bouncer really up to speed on what a license should look like from a state on the other side of the country? Removing the app was probably a smart move.