1. Put all your layers into ONE folder [iPod].
2. Make TWO COPIES of that Folder.
3. Name the folders -- One = Shadow, The other = Reflection
4. MERGE the layers of these folders ~ right click.
Reflection
5. TRANSFORM [ctrl+t] and flip it Vertically.
6. Put a Mask on your reflection, Use a Gradient tool, or a Paint Brush.
*Too make the reflection look real, it must be faded/transparent.
Shadow
7. Ctrl + Click on the outline of your Layer.
8. Edit > Fill > Black.
9. DESELECT and TRANSFORM.
10. Filter > Blur > Gaussian Blur.
*If your shadow is too dark, reduce its opacity.
Organize Layers so your product looks Realistic.