An electronic device is provided. The electronic device includes a hinge structure, a first housing, a second housing, a first display, a second display, and a processor. The processor may be set to control the first display to display a first screen of a first application while in a folded state, the first screen corresponding to the first display, control the second display to display a transition screen when unfolding is detected, and control the second display to display a second screen in replacement of the transition screen upon the completion of at least one operation set to be performed in order to display the second screen, corresponding to the second display, of the first application.