A linear regulator is provided which stabilizes an input voltage based on a reference voltage source that generates a reference voltage, and the reference voltage generated by the reference voltage. An output voltage of the linear regulator is supplied as a power supply voltage of a switching controller and the reference voltage source. The linear regulator is configured to enable switching of a regulation mode in which voltage is outputted according to the reference voltage, and a bypass mode in which an input voltage is outputted as it is, with no relation to the reference voltage. When a power supply apparatus is started up, during a time period until the input voltage reaches a predetermined threshold voltage, the linear regulator operates in the bypass mode, and when the input voltage exceeds the threshold voltage, operates in the regulation mode.