A method for acquiring a panoramic image includes controlling a display screen of an electronic device to display a viewfinder frame and a direction indicator that indicates a movement direction for the electronic device, acquiring and processing a first image to obtain a first progress indicator, arranging the first progress indicator on a first side of and close to the viewfinder frame, acquiring and processing a second image to obtain a second progress indicator, arranging the second progress indicator on the first side of and close to the viewfinder frame and moving the first progress indicator away from the viewfinder frame, acquiring and processing a third image to obtain a third progress indicator, and arranging the third progress indicator on the first side of and close to the viewfinder frame and arranging the first progress indicator on a second side of and away from the viewfinder frame.