A camera-equipped portable terminal facilitating convenient transmission of taken photographs and method therefor are provided. The portable terminal has a display unit for displaying at least one input address, a camera module for taking one or more photographs of target objects, a wireless communication module for transmitting the photographs taken by the camera module to the input address through wireless communication, and a controller. The controller controls address display of the display unit, target-object image display of the camera module through the display unit in response to a photography mode command during display of the input address, a photograph-taking operation of the camera module in response to a photograph-taking command, and photograph transmission of the wireless communication module. As a result, photographs taken for transmission can be rapidly and conveniently transmitted to a destination address.