A mobile phone and a battery releasing device. The mobile phone includes a body, a releasing device, and a battery. The releasing device includes a first magnetic member, and is disposed on the body in a manner such that it can move between a first position and a second position. The battery is disposed on the body in a detachable manner, and includes a second magnetic member. The polarization of the second magnetic member is the same as that of the first magnetic member. When the battery is mounted on the body, the first magnetic member is separated from the second magnetic member. When the releasing device is disengaged from the battery, the battery is separated from the body.