Southampton host Bournemouth at St Mary's on Saturday in one of the Premier League's newest derbies.
Arter's footing seemed to slip as he ballooned his 77th-minute spot kick, awarded after Ryan Bertrand had fouled Ryan Fraser, high and not very handsome over Fraser Forster's goal.
Andrew Surman's poked effort was cleared off the line by England worldwide James Ward-Prowse, while Jay Rodriguez's thumping drive forced Cherries goalkeeper Artur Boruc into a reflex save.
Bournemouth managed just two shots on target and Harry Arter missed a penalty as they were held to a 0-0 draw by Southampton.
"It is my fault, one of the lads said Harry Kane did something similar, maybe they need to have a look at it".
The result left Bournemouth, who are unbeaten in four without conceding during their past two games, in 11th and level on 34 points with 10th-placed Southampton. It is not the end of the world and just a game of football.
Defender Virgil van Dijk also remains sidelined with a foot injury that could see him miss the rest of the season, while Dusan Tadic may sit out Saturday's match as he has annoyed Puel by complaining about being substituted in recent games. On another day we'd have scored two or three. "Without scoring it is hard, the opponent took confidence and it was hard to finish".
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"We were not great in the first half but in the second we dominated the game and had great chances to put the game to bed".
Bournemouth have failed to win on 12 visits to face Southampton, a run stretching back to 1953.
The Premier League is finally back in our lives after the boredom of the worldwide break, and it is back with a bang this weekend!
Howe, who will b quite satisfied with how the season has been so far, was vocal about his side's opportunities, after they succumbed to a fighting 3-1 defeat to Claude Puel's men at St. Mary's the last time the sides had faced each other.
The Cherries are the first side since Crystal Palace in October 2016 to miss three penalties in a row in the Premier League.
Wilshere made his league debut for Arsenal eight seasons ago and went on to make 51 appearances before his 20th birthday until a succession of injuries halted his progress.