An electronic apparatus for acquiring a panorama image using a plurality of cameras and a method for controlling the electronic apparatus thereof are provided. The electronic apparatus includes a plurality of cameras for capturing an image, a sensor for acquiring movement information, and a processor for determining individual movement information of the plurality of cameras with reference to a predefined location using movement information acquired through the sensor, acquiring a plurality of images through the plurality of cameras based on the individual movement information and generating a panorama image using the plurality of photographed images.