Mobile terminal and method for controlling the same

An electronic device including a touch screen configured to display at least one graphic object for executing an operation on the electronic device; at least first and second magnetic sensors configured to detect a spatial position of an input device having a magnetic field generating unit; and a controller configured to in response to a touch applied to the graphic object using the input device for executing the operation, execute a hold mode of holding the execution of the operation while the spatial position of the input device is moved away from the touch screen while being maintained within a reference range, and release the hold mode and execute the operation when the spatial position of the input device is moved out of the reference range.