Disclosed is a method of photographing a panoramic image, the method including the steps of: checking if a configuration of each scene constituting the panoramic image is arbitrarily set whenever each scene is photographed; outputting a photographic guide screen on a preview screen, the photographic guide screen overlappingly displaying a guide image of a previously photographed scene and displaying an indicator indicative of a position of a current scene; storing a corresponding photographed scene as a correspondingly numbered scene when a shutter key is input during the outputting of the photographic guide screen; and checking if a predetermined direction key or a completion key is input, determining that all scenes are photographed, when the completion key is input, and considering the frame to extend in an up-and-down direction or a right-and-left direction and proceeding to the step of outputting the photographic guide screen, when the direction key is input.