The specification and drawings present a new method, apparatus and software product for image stabilization of an image taken with a fixed (i.e., pre-selected) multi-exposure pattern for at least one color channel by an image sensor of a camera, wherein a plurality of groups of pixels of the image sensor have different pre-selected exposure times for said at least one color channel. The camera can be a part of, e.g., an electronic device such as mobile phone or a portable electronic device.