An image pickup apparatus includes a first detection unit for detecting a rotation shake, a first computation unit for processing a detection signal of the rotation shake into a rotation shake correction target value, a second detection unit for detecting a parallel shake in a plane surface perpendicular to an optical axis, a second computation unit for process a detection signal of the parallel shake into a parallel shake correction target value, a shake correction unit for correcting an image shake in the plane surface of the image pickup apparatus based on the rotation and parallel shake correction target values, an initialization unit for initializing the parallel shake correction target value, and a control unit for moving the shake correction unit based on an image pickup start instruction prior to an image pickup operation while initializing the parallel shake correction target value.