An image pickup apparatus includes: an angular velocity sensor configured to detect image blur in translation and rotation directions; an image stabilization microcomputer; an image pickup device drive actuator configured to cause the image pickup device to move to perform optical correction of image blur in the translation direction and, when necessary, image blur in the rotation direction; a system controller configured to perform electronic correction of cutting out a part of image; and a walking detecting portion configured to detect which of a walking state and a non-walking state of the image pickup apparatus, wherein in a case of the walking state, an amount of correction of the image blur in the rotation direction is caused to be smaller by the optical correction, and is caused to be larger by the electronic correction, compared with the non-walking state.