An image pickup apparatus includes: an image pickup device that includes pixels in a predetermined color array and is configured to be able to acquire a plurality of color array images corresponding to the color array through pixel shift; a chromatic aberration correction processing section configured to receive the plurality of color array images and to perform chromatic aberration correction processing on each of the plurality of color array images; a pixel shift composition processing section configured to perform pixel shift composition processing on the plurality of color array images that are subjected to the chromatic aberration correction processing by the chromatic aberration correction processing section, to acquire a pixel shift high-resolution image; and a demosaicking processing section configured to perform demosaicking processing on the pixel shift high-resolution image.