There is provided an imaging apparatus capable of easily generating favorable still image data based on a moving image. The imaging apparatus is capable of capturing and recording a moving image, and capable of generating a still image based on the recorded moving image. During moving image capturing, the imaging apparatus corrects an image shake in an exposure period and records interframe shake information as metadata. When generating moving image data as a moving image, the imaging apparatus adds thereto a motion blur according to the shake information recorded as metadata. When generating moving image data as a still image, the imaging apparatus generates a still image without adding a motion blur thereto.