A display apparatus, a connectable external peripheral device and a method of displaying an image are disclosed. The display apparatus includes a display unit; an image processor which first processes an image signal according to a preset first image processing operation, and secondly processes the first processed image signal processed according to the first image processing operation, and outputs the processed image signal to the display unit. The display apparatus further includes a peripheral device connector, to which an external peripheral device is connected that processes the image signal processed by the first image processing operation. The second image processing operation is performed in the external peripheral device. The image processor transmitting to the external peripheral device the first processed image signal in response to the external peripheral device being connected to the peripheral device connector.