Gradient?s parameters:

Create Hi-Tech mp3 player interface in Photoshop CS

Make a copy of the last made indicator on the media player?s button (turn around the triangle on 180 degrees, making use of the Free Transform option).

Create Hi-Tech mp3 player interface in Photoshop CS

Find
a similar indicator and add the effects on it:

Create Hi-Tech mp3 player interface in Photoshop CS

Create Hi-Tech mp3 player interface in Photoshop CS

Fill 0% on the layers:
Blending Options-Drop Shadow

Create Hi-Tech mp3 player interface in Photoshop CS