Itunes won't back up iPhone 5! (Screenshot included)

I have a black iPhone 5 64GB. And i'm trying to back it up and then i want to update to ios 6.1.4. But when i try it says there's a problem.
Here is a screenshot:
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Try backing it up via Wi-Fi. Open up iTunes. Put your phone on charge via socket not USB. Got to settings. General. You will see iTunes Wi-Fi sync.iTunes should pick up your phone. Just click sync now once it's detected your phone. That should work

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