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Open a new document in photoshop
Size should be 300 x 300 pixels
Background color: #151515

Select Rounded rectangle Tool ( set the radius to 3 pixels ), and make a small shape

Then Rasterize this layer ( to rasterize the layer go to Layer > Rasterize > Shape

The next step is to create another rounded rectangle
This time set the radius to 10 pixels. We don’t need this layer, and i will delete after a few steps

Now hold down the CTRL key and with the left mouse button press on the Red thumbnail from the layer palette. You can notice that a selection will be visible around the red button. this is what we need – the selection

Now delete the red shape.
You can notice that the selection is still in that place

Now press Delete Key from your keyboard > this is the result

Press CTRL+D to deselect. the selection will disappear.

Then add the following layer styles

This is the result

Now we will add details
Zoom the document to 300 %

Select Line Tool. Set the weight to 1 pixel and make 4 small lines like in the following image

Now change the layer opacity for the lines like in the following image

Now select the blue shape and load the selection ( To load the selection go to Select > Load selection

Select Elliptical Marquee Tool and use the following settings