An exemplary image stabilizing camera system includes a camera module. The camera module includes a movable AF unit, a frame having a receiving cavity defined therein, an electromagnetic driving unit, and an elastic member. The receiving cavity is configured for receiving the movable AF unit therein. The electromagnetic driving unit is configured for driving the movable AF unit to move relative to the frame so as to counteract movement of the object relative to the system such that the system can, after a shake of the system, capture a stabilized image of the object which is substantially identical with an image thereof captured without the shake of the system. The elastic member is disposed on a top end of the movable AF unit. The elastic member is configured for connecting the movable AF unit to the frame, thereby suspending the movable AF unit in the receiving cavity.