If you are on WinXP - C:\Documents and Settings\user\Application Data\Apple Computer\MobileSync\Backup If
C:\Documents and Settings/<user>\Application Data\Apple Computer\MobileSync\Backup
If you are on WinVista/Win7 - C:\Users\user\AppData\Roaming\Apple Computer\MobileSync\Backup If
C:\Users\<user>\AppData\Roaming\Apple Computer\MobileSync\Backup
If you are on MacOS - ~/Library/Application Support/MobileSync/Backup/
~/Library/Application Support/MobileSync/Backup/
With the above path, if you still can not find the iPhone backup location, you may try an application called "iPhone Backup Unlocker", it will help you recover lost backup for your iPhone. Just Google search the name to get it:
"iPhone Backup Unlocker"