Q: iTunes has stopped working "APPCRASH" - PLEASE HELP!

I recently updated iTunes on my Windows7 Tashiba Satellite laptop. Since then, iTunes keeps CRASHING. Can someone please help me fix it? The error message is: 

Problem signature:

  Problem Event Name:    APPCRASH

  Application Name:    iTunes.exe

  Application Version:    11.1.1.11

  Application Timestamp:    524a8521

  Fault Module Name:    KERNELBASE.dll

  Fault Module Version:    6.1.7601.18229

  Fault Module Timestamp:    51fb10c6

  Exception Code:    80000003

  Exception Offset:    0003491e

  OS Version:    6.1.7601.2.1.0.768.3

  Locale ID:    3081

  Additional Information 1:    0a9e

  Additional Information 2:    0a9e372d3b4ad19135b953a78882e789

  Additional Information 3:    0a9e

  Additional Information 4:    0a9e372d3b4ad19135b953a78882e789