Trying to update Iphone 3 using my Macbook, but I have never connected this phone to the computer before

I have an Iphone 3, I never connected it to my Macbook or ITunes on the Macbook before.  Will I lose all of my info on the phone? It asks me to restore/welcome to using new Iphone.  I'm assuming I will lose all of my info.
Any info is helpful.

malitofamily wrote:
...  I'm assuming I will lose all of my info.
Yes, you are correct.
Read this before you proceed.
Syncing to a "New" Computer or replacing a "crashed" Hard Drive

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