A magnetic recording/reproducing apparatus equipped with an image sensor, has a camera portion having an A/D converter for converting a signal from an image sensor into a digital signal and a first digital processor for receiving an output of the A/D converter and for digitally processing thereof. A VTR portion of a helical scan type mounts at least two or more of magnetic heads for recording/reproducing a FM modulated luminance signal and a low band converted chrominance signal. A second digital processor processes a video signal of the VTR. A switching circuit is provided in a preceding stage of the A/D converter. The image sensor signal, an external video signal and a reproduced signal from the magnetic heads are exchanged. The output of the A/D converter is inputed to the second digital processor, and a sampling clock of the A/D converter is exchanged to the most appropriate clock for the respective image sensor signal, the external video signal and the reproduced signal from the magnetic heads.