An apparatus and a method for calibrating IQ mismatch to ensure that an in-phase oscillating signal and a quadrature-phase oscillating signal are orthogonal to each other. The apparatus includes a mixer for mixing the in-phase oscillating signal with the quadrature-phase oscillating signal to generate an output signal, a control module for determining a control signal according to a low-frequency component of the output signal, and a phase adjusting module for adjusting the phase of a specific oscillating signal to ensure that the in-phase oscillating signal and the quadrature-phase oscillating signal are orthogonal to each other. The specific oscillating signal may be the in-phase or the quadrature-phase oscillating signal. The apparatus does not require a digital signal-processing unit to perform complex calculations nor requires additional oscillating sources for calibration. Hence, the circuit design is much simplified, and the consumption of system resources is significantly reduced.