An aromatic polycarbonate composition which has excellent thermal stability and maintains high transparency and a satisfactory hue even at high temperatures. The aromatic polycarbonate composition comprises: a polycarbonate obtained by reacting at least one aromatic dihydroxy compound with a compound capable of incorporating a carbonate bond; and a phosphorus compound represented by the following formula (1): wherein the eight R′s may be the same or different and each represents a hydrogen atom or an optionally substituted, aliphatic or aromatic, univalent group having 1 to 18 carbon atoms.