It is a common issue and has many factors
1. Make sure you are plugged into the back of the PC and not using the Dock
2. Unplug any other devices that use USB except the devices you need
3. Restart the computer to refresh the USB ports after you have unplugged everything
4. Uninstall iTunes
http://support.apple.com/kb/HT1925?viewlocale=en_US
5. Reinstall it at
www.itunes.com
6. If that does not work try to create a new admin user account
Start->control panel->Users and accounts
That should do the trick, if not try and see if it works on a different computer