IPod has gray striped screen, completely unresponsive.

I have been using this ipod for 2 days. After dropping ipod from about 2 1/2 feet in the air on a hard surface, ipod faded dark slowly then showed shades of gray lines across screen. tried resetting with buttons, did not work. ipod completely unresponsive. Is this a hardware issue? What should i do to attempt to solve this.