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The immediate solution for this is to update your Machine's iTunes version to 12.5.1, in case, it requires an updated OS X / macOS version to run. Exceptions are Windows 7,8, 10.
You are now required to upgrade. You have to buy a new computer to sync to that phone, or use BootCamp and install a Windows release.
You're not the first to come here with this situation and probably not the last.