A portable electronic apparatus with multiple screens includes a first screen and a second screen movably coupled to the first screen along an arcuate path to be received in the first screen or moved out of the first screen. The first screen and the second screen face a same side of the portable electronic apparatus. The second screen includes a base, a lifting mechanism disposed on the base, and a display unit. The display unit is disposed on the lifting mechanism to be driven by the lifting mechanism to be lifted or lowered relative to the base. When the second screen is moved out of the first screen and a step is provided between a display surface of the display unit and a display surface of the first screen, the display unit is adapted to be lifted relative to the base through the lifting mechanism to compensate the step.