iphone 4s ios 7.0.3 stuck in recovery mode preparing iphone for restore
Tried upgrading from 7.0.2 to 7.0.3 via iTunes and Windows XP. It did not work and my phone is now stuck on the screen with the white cable pointing toward the iTunes icon. iTunes is stuck saying Preparing for iPhone restore. I've tried leaving it this way for hours and it will cycle the phone off and then start all over again. I've tried restarting the computer, iPhone, etc.. with no luck. Does anyone know the magic formula to make it live again? I did perform a backup before the restore.
iPhone 4S, iOS 7.0.3, Using iTunes on Windows XP