- Apple's recently announced initiative to develop home robots could be a setback for the company, Wedbush's Dan Ives said.
- He says leaning into artificial intelligence should by the company's priority.
- "If they went after robots, that would be a black eye moment for Apple," Ives said to CNBC this week.
Apple's recently announced foray into developing home robots could end up being a "horror show" for the company, according to Wedbush analyst Dan Ives.